Bouquet

The bloom has been off the dry gas rose for a while now, but the Fayetteville Shale continues to provide Arkansas with a bouquet of economic activity and job creation, according to a new study.

Kansas City Power & Light Co. (KCPL) threw down its bouquetlast week, canceling its proposed merger with the financiallytroubled Western Resources citing doubts about Western’s growth andincreasing shareholder opposition to the transaction. KCPL canceledthe merger using a stipulation in the original agreement requiringthe merger to have all regulatory approvals completed by Dec. 31,1999. The merger suffered from regulatory delays and never receiveda final okay from FERC.