Acquisition By PPL Corporation
PPL and E.ON announced on April 28, 2010 a definitive agreement under which PPL will acquire E.ON US for $7.625 billion. The sale was closed on November 1, 2010.
Read more about this topic: Louisville Gas & Electric
Famous quotes containing the words acquisition and/or corporation:
“Always and everywhere children take an active role in the construction and acquisition of learning and understanding. To learn is a satisfying experience, but also, as the psychologist Nelson Goodman tells us, to understand is to experience desire, drama, and conquest.”
—Carolyn Edwards (20th century)
“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that Ill resort to headlines and force the people into this fight.”
—William Howard Taft (18571930)