News Releases

Baker Botts Represents Westar Energy, Inc. in $12.2 Billion Acquisition by Great Plains Energy Incorporated

Release
Deal Description: May 31, 2016 – Great Plains Energy Incorporated (NYSE: GXP), the parent company of KCP&L, and Westar Energy, Inc. (NYSE: WR), today announced a definitive agreement for Great Plains Energy to acquire Westar in a combined cash and stock transaction with an enterprise value of approximately $12.2 billion, including total equity value of approximately $8.6 billion. Upon closing, Westar will become a wholly owned subsidiary of Great Plains Energy. 

Baker Botts represented Westar Energy, Inc. in the transaction. 

Baker Botts Lawyers/Office Involved: 

Corporate: William S. Lamb (Partner, New York); Michael Didriksen (Partner, New York); Courtney Fore (Senior Associate, Austin) and Justin Blass (Associate, New York) 

Finance: Martin Toulouse (Partner, New York) and Peter Glenn (Associate, New York) 

Tax: Don J. Lonczak (Partner, Washington) 

Employee Benefits: Mark Bodron (Partner, Houston) and Stephanie Jeane (Associate, Washington) 

For more information, please see Westar Energy’s news release by clicking here.

 

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