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By stan_sipple

Missouri Public Service Commission trying to hammer out guidelines on holding closed-door meetings and preliminary talks with utilities before they acquire new businesses. KC Business journal. Transcripts of closed-door meetings and applying a "reasonable standard" for when utility regulators could meet with companies to discuss plans for such items as future power plants were among the topics discussed Monday morning in open hearings before the Missouri Public Service Commission.

Responding to allegations of inappropriate contact in the pending $1.7 billion acquisition by Great Plains Energy Inc. (NYSE: GXP) of Aquila Inc. (NYSE: ILA), commission Chairman Jeff Davis held an "on the record" proceeding to take input from various parties. Both companies are based in Kansas City.

The PSC will compile its findings into a report that it will give to the General Assembly and Gov. Matt Blunt later this month.

Full post as published by Showmeblawgs on January 27, 2008 (boomark / email).

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