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IES shareholders question Wisconsin deal and MidAmerican bids
Questions for IES shareholders circle around why better offers were not disclosed in October 1995 before a lower-value Wisconsin sale. The text asks why dividends were reduced by board votes and only improved with MidAmerican’s higher bid. It notes added executive golden parachute increases and questions who pays them and the deal’s complexity and jurisdiction.
MENTIONED IN THIS ARTICLE
IES
MidAmerican Energy
MidAmerican
IES Board of Directors
Golden Parachutes
Wisconsin