HubsBaker 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.
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.
ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 13 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.
