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To: Shadowed who wrote (15770)11/7/2001 12:31:05 PM
From: Shadowed  Respond to of 19633
 
All public Aquila shareholders will be offered .6896 shares of UtiliCorp common stock in a tax-free exchange for each outstanding share of Aquila Class A common stock. Based on yesterday's closing price of $17.99 per share for Aquila Class A common stock and $30.00 per share for UtiliCorp common stock, the offer represents a value of approximately $20.69 per Class A share of Aquila and a 15-percent premium to yesterday's closing price of those shares.