TECO Energy to Hold Special Shareholder Meeting on December 3

摘要

TECO Energy Inc., USA announced on October 22 local time to hold a special shareholder meeting on December3. In this general meeting, it will be decided whether to accept a takeover proposal submitted by Emera inc., an energycompany in Canada or not. As reported earlier, Emera announced on September 4 to take over TECO Energy. The takeover amount includingdebts (about US$3.9 billion) is US$10.4 billion, and US$27.55 per share in TECO Energy (Total amount: about US$6.5billion) will be paid in cash to the shareholders of the Company. The top management of TECO Energy has alreadyexpressed its intention to accept the takeover proposal submitted by Emera.