Montgomery Local Business
Local business in Montgomery, OH
Friday Sep 16 | via Tri-County News
Despite news Wednesday that the plant, along with three other electric-generating facilities in Ohio and Indiana, were sold by Columbus, Ohio-based American Electric Power for a reported $2.17 billion to Blackstone and ArcLight Capital Partners LLC, two private equity firms, company officials say nothing will change. Despite news that there will be no employee layoffs or eliminations, local elected officials are being cautiously optimistic about news of the sale, which is expected to be finalized in the first quarter of 2017. Comment?
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