Allegheny pays Merrill Lynch $50 million to buy back supply unit, end trading litigation

Tom Tiernan

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Allegheny pays Merrill Lynch $50 million to buy back supply unit, end trading litigation

机译：阿勒格尼（Allegheny）向美林（Merrill Lynch）支付5,000万美元，以回购供应部门，结束交易

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Aiming to put an end to years of litigation, Allegheny Energy will pay Merrill Lynch $50 million to buy back the minority stake in Allegheny Energy Supply that it sold to the investment bank in 2001 as part of a larger deal that has dragged on in court appeals by the two companies. The $50 million payment was far less than the $115 million that Merrill was supposed to receive under a previous arrangement, after Allegheny's purchase of Merrill's Global Energy Market trading business.

机译：为了终止多年的诉讼，阿勒格尼能源公司将向美林公司支付5,000万美元，以回购其在2001年出售给投资银行的阿勒格尼能源供应公司的少数股权，这是拖延在法庭上诉中的一项较大交易的一部分由两家公司。在阿勒格尼（Allegheny）收购美林（Merrill）的全球能源市场交易业务之后，这笔5,000万美元的付款远低于美林此前安排的应获得的1.15亿美元。

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《Electric Utility Week》 |2008年第feb4期|p.30|共1页
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Tom Tiernan;
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Allegheny pays Merrill Lynch $50 million to buy back supply unit, end trading litigation

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