KU Energy and LG&E Energy File Joint Merger Application With The Virginia State Corporation Commission

PR Newswire | July 25, 1997 | Copyright

RICHMOND, Va., July 25 /PRNewswire/ -- KU Energy (NYSE: KU) and LG&E Energy (NYSE: LGE) today jointly filed an application with the Virginia State Corporation Commission (SCC) seeking authorization to merge the two companies.

KU Energy operates in Virginia as Old Dominion Power (ODP). ODP serves 29,000 customers in five southwest Virginia counties. In 1996, it had annual revenues of $41 million.

LG&E Energy and KU Energy announced on May 21 that each company's board of directors unanimously approved the merger agreement. The filing with the SCC is ...

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