Oneok’s proposed merger with Southwest Gas received a big shot in the arm last week, as the Nevada Public Utilities Commission (PUCN) unanimously approved the deal two months ahead of schedule. Although approval is still needed from Arizona and California regulators as well as Southwest Gas shareholders, both companies are confident the merger will be completed in the previously announced fourth quarter 1999 timeframe.
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Southwest Gas/Oneok Merger Aces Nevada PUC
Oneok’s proposed merger with Southwest Gas received a big shotin the arm yesterday, as the Nevada Public Utilities Commission(PUCN) unanimously approved the deal two months ahead of schedule.Although approval is still needed from Arizona and Californiaregulators as well as Southwest Gas shareholders, both companiesare confident the merger will be completed in the previouslyannounced fourth quarter 1999 timeframe.
June 23, 1999
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