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Stock impact report

Hydro One and Avista Reach Settlement in Principle in Washington Merger Case [Canadian Business Journal (Canada)]

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Hydro One and Avista Reach Settlement in Principle in Washington Merger Case TORONTO and SPOKANE, Wash., March 16, 2018 (GLOBE NEWSWIRE) — Hydro One Limited (“Hydro One”) (TSX:H) and Avista Corporation (“Avista”) (NYSE:AVA) have reached a significant milestone in the regulatory approval process of the proposed merger. Notification of a settlement in principle with various parties has been filed with the Washington Utilities and Transportation Commission (“WUTC”). The parties intend to file a settlement agreement with the WUTC on or before March 27, 2018. The settlement in principle is subject to the review and approval of the WUTC. Hydro One and Avista continue to anticipate closing the transaction in the second half of 2018. “This agreement in principle marks an important step towards bringing together two historic companies positioned to deliver long-term value for customers, employees, communities and shareholders,” said Mayo Schmidt, President and CEO, Hydro One. “As we mo Show less Read more
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