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Corning Natural Gas Holding Corporation Announces End of Go Shop Period Under Merger Agreement

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Corning Natural Gas Holding Corporation Announces End of “Go Shop” Period Under Merger Agreement Corning Natural Gas Holding Corp.February 26, 2021 GMT CORNING, N.Y., Feb. 26, 2021 (GLOBE NEWSWIRE) Corning Natural Gas Holding Corporation (OTCPK: CNIG) (“Corning” or the “Company”), a holding company operating natural gas and electric utilities serving approximately 21,000 customers in two states, today announced the expiration of the 45-day “go shop” period pursuant to the terms of the previously announced definitive merger agreement under which an affiliate of Argo Infrastructure Partners, LP (“Argo”) agreed to acquire all of the outstanding shares of Corning common stock for $24.75 per share in cash (the “Merger Agreement”).

PNM Resources Shareholders Approve Proposed AVANGRID Merger

Press release content from Business Wire. The AP news staff was not involved in its creation. PNM Resources Shareholders Approve Proposed AVANGRID Merger February 12, 2021 GMT ORANGE, Conn. (BUSINESS WIRE) Feb 12, 2021 AVANGRID, Inc. (NYSE: AGR), a leading clean energy company, marked an important milestone in its proposed PNM Resources, Inc. (NYSE: PNM) merger as PNM Resources’ shareholders voted [overwhelmingly] in favor of the transaction. AVANGRID announced the strategic PNM Resources merger combination in October 2020 in an all cash offer for PNM Resources’ shares at $50.30 per share, an $8.3 billion enterprise value transaction. The resulting entity would be one of the major clean energy companies in the US with ten regulated utilities in six states and the third largest renewables company with operations in 24 states.

Emily K Fons Corporate Mergers & Acquisitions Lawyer Godfrey & Kahn Law Firm Milwaukee

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