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Article: Nevada Power Company Announces Stockholder Approval of Merger with Sierra Pacific Resources.
- Article from:
- PR Newswire
- Article date:
- October 11, 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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LAS VEGAS, Oct. 9 /PRNewswire/ -- Nevada Power Company (NYSE: NVP; PCX) announced today that its stockholders voted to approve the merger of Nevada Power Company and Sierra Pacific Resources (NYSE: SRP) at a Special Meeting held in Las Vegas, Nevada. Earlier today, stockholders of Sierra Pacific Resources voted to approve the merger at a Special Meeting held in Reno, Nevada. The merger is conditioned, among other things, upon obtaining the remaining approvals of the Public Utilities Commission of Nevada and the Federal Energy Regulatory Commission and the Securities and Exchange Commission. The transaction is expected to close in the second quarter of 1999.
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