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Article: Sierra Pacific Resources Announces Stockholder Approval of Merger with Nevada Power Company.
- Article from:
- PR Newswire
- Article date:
- October 9, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RENO, Nev., Oct. 9 /PRNewswire/ -- Sierra Pacific Resources (NYSE: SRP) announced today that its stockholders voted overwhelmingly to approve the merger of Sierra Pacific Resources and Nevada Power Company (NYSE: NVP; PCX) at a Special Meeting held in Reno, Nevada. Stockholders of Nevada Power will meet later today at a Special Meeting in Las Vegas, Nevada to vote on the merger. The merger is conditioned, among other things, upon obtaining the remaining approvals of the Public Utilities Commission of Nevada, the Federal Energy Regulatory Commission and Securities and Exchange Commission. The transaction is expected to close in the second quarter of 1999.
Under ...