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BLUE SPRINGS, Mo. (AP) - Aquila Inc. on Wednesday continued to make its case for shareholders to support its proposed acquisition by Great Plains Energy Inc. and Black Hills Corp. later this year.
But shareholders speaking at the utility's annual meeting largely criticized the idea, saying the deal undercut investors.
"I find it insulting that the day this deal was announced, the shares were higher than what you sold it for," Irene Tebo of Harrison Township, Mich., told Richard Green, the company's chairman and chief executive, during a question-and-answer period. "You're selling us down the river."
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