In its latest 10-K report to the Securities and Exchange Commission (SEC), Sioux Falls, SD-based NorthWestern Corp. confirmed that it is cooperating with separate investigations by the Internal Revenue Service (IRS) and the Federal Bureau of Investigation (FBI). The investigations resulted from an ongoing class action lawsuit that dates back to the sale of Montana Power Co. to NorthWestern in early 2002.
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NorthWestern Subject of IRS, FBI Probes as Offshoot of Class Action
In its latest 10-K report to the Securities and Exchange Commission (SEC), Sioux Falls, SD-based NorthWestern Corp. confirmed that it is cooperating with separate investigations by the Internal Revenue Service (IRS) and the Federal Bureau of Investigation (FBI). The investigations resulted from an ongoing class action lawsuit that dates back to the sale of Montana Power Co. to NorthWestern in early 2002.
Northwestern Buys Montana Power Electric/Gas Assets
NorthWestern Corp., a $5 billion diversified services and solutions company based in Sioux Falls, SD, announced today that it has entered into a definitive agreement to acquire The Montana Power Co.’s energy distribution and transmission business for approximately $1.1 billion in cash, including approximately $488 million in existing Montana Power debt.