PPL to acquire E.On's UK power networ...

PPL to acquire E.On's UK power networks for $6.4B

There are 2 comments on the Lebanon Daily News story from May 21, 2011, titled PPL to acquire E.On's UK power networks for $6.4B. In it, Lebanon Daily News reports that:

Moving to accelerate its growth in electricity operations, PPL Corp. said Tuesday it will buy the U.K.-based Central Networks electrical networks distribution business of Germany's E.On AG in a deal worth $6.4 billion.

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mike

Reading, PA

#1 May 22, 2011
Shares in PPL slipped 5 cents to $24.85 in extended trading Tuesday. They ended the regular session down 53 cents, or 2 percent, to $24.90.

How can this be down if it went from 2.85 to 2.90 i would say it went up by 5 cents.
Morbius

Myerstown, PA

#2 May 23, 2011
PPL aquiring another power network?

What a shocking development...

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