Chesapeake Utilities Corporation /
Pivotal Utility Holdings, Inc.
Chesapeake Utilities expands its Florida operations with acquisition of Pivotal Utility Holdings, Inc.
What happened
Chesapeake Utilities Corporation completed its acquisition of Pivotal Utility Holdings, Inc., a wholly owned subsidiary of Florida Power & Light Company doing business as Florida City Gas. The purchase price was approximately $923.4 million in cash, subject to customary purchase price adjustments.
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Chesapeake Utilities expands its Florida operations with acquisition of Pivotal Utility Holdings, Inc.
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