Mo. High Court OKs $1.7B Great Plains-Aquila Merger

Law360, New York (July 19, 2011, 9:35 PM EDT) -- The Missouri Supreme Court on Tuesday affirmed a state public utility regulator's 2008 approval of the $1.7 billion merger of Great Plains Energy Inc. and Aquila Inc., but said rival Praxair Inc. should have been able to submit evidence to support its opposition to the merger.

The en banc opinion said that while Missouri's Public Service Commission made errors in its approval process — namely barring Praxair's evidence and not requiring commissioners with conflicts of interest to recuse themselves — it was right to let Kansas...
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