Kansas regulators approve merger of Westar, Great Plains
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May 25, 2018
TOPEKA, Kan. (AP) — Kansas utility regulators have approved the merger of the two largest electric companies operating in the state.
The Kansas Corporation Commission's decision Thursday that means Topeka-based Westar Energy and Great Plains Energy of Kansas City, Missouri, will become subsidiaries of a new company called Evergy. Great Plains is the parent of Kansas City Power & Light.
Missouri regulators approved the merger earlier Thursday. Both companies' shareholders overwhelmingly approved it in November.
Westar said in a statement that the new company will have an equity value of about $...
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