Kentucky Utilities - Acquisition By PPL Corporation

Acquisition By PPL Corporation

PPL and E.ON announced on April 28, 2010 a definitive agreement under which PPL would acquire E.ON US, the parent company of KU and Louisville Gas & Electric, for $7.625 billion. The sale was closed on November 1, 2010.

Read more about this topic:  Kentucky Utilities

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)

    “It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
    —Henry David Thoreau (1817–1862)