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Missouri regulatory staff claims jurisdiction over KCP&L parent's bid for Westar Energy

Jun 06, 2016 - The Kansas City Star
Mergers and Acquisitions

Missouri wants in on the regulatory approval process in the planned $8.6 billion purchase by the parent of Kansas City Power & Light Co.of Topeka-based Westar Energy Inc.

Great Plains Energy Inc. announced last week it was buying Kansas' largest electric utility and that it would seek approval from the Kansas Corporation Commission and some federal agencies, but not the Missouri Public Service Commission.

The staff of the Missouri regulatory body, however, said in a six-page motion ...