Energy East Shareholders Approve Iberdrola Buyout
Posted by Edward G. Lanza on 21 Nov 2007 | Tagged as: Electric, Energy, M&A
Shareholders of Energy East Corporation today overwhelmingly approved the agreement and plan of merger with Iberdrola, S.A., whereby Energy East will become a wholly- owned subsidiary of Iberdrola. Approximately 93% of the votes received were voted “for” the merger.