Avista Corp. to Acquire Alaska Energy and Resources Company for $170M

By: Benzinga
Avista Corp (NYSE: AVA ) today announced that it has signed a definitive agreement to acquire Alaska Energy and Resources Company (AERC), a privately-held company based in Juneau, Alaska. When the transaction is complete, AERC will become a wholly-owned subsidiary of Avista Corp. The purchase price at closing will
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