Avista Corp. to Acquire Alaska Energy and Resources Company for $170M
November 04, 2013 at 16:41 PM EST
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