UtiliCorp United said it plans to issue seven million shares ofcommon stock with net proceeds to be used to reduce short-termdebt and other short-term obligations incurred for acquisitions,construction and repayment of long-term debt, and other generalcorporate purposes.
Issuing
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CA. Regulators Toward Gas Unbundling
California regulators took another step toward unbundling thenatural gas business in the state last week, issuing proposedguidelines and saying it will remove limits on the state’sseven-year core aggregation program, meaning any size core customereventually will be able to choose a new supplier.
August 10, 1998
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