IES Three Way Merger Approved Despite MidAmerican Bid
IES Industries shareholders vote over 75 percent to approve a three way merger with Inter State Power of Dubuque and WPL Holdings of Madison forming Interstate Energy Corp. IPC and WPL also approve, while MidAmerican disputes the result. Final counts will follow CT Corporation validation.
MENTIONED IN THIS ARTICLE
WPL
Interstate Energy Corp
IES
CT Corporation Systems
MidAmerican
Lee Liu
Stanley Bright
MidAmerican Energy
Bright
Chris Stewan
SES Industries
Liu
WPL Holdings
Interstate Power Co
Ruth Durland
IES Industries
IES merger advances as shareholders back deal
Shareholders approved the merger amid loyalty concerns and fears of job losses. An expert noted the vote was one sided and would seal the deal once the inspector of elections reports. MidAmerican plans to proceed toward regulatory approvals and a regional strategy possibly selling non regulated assets to fund further acquisitions. Further details remain incomplete.
MENTIONED IN THIS ARTICLE
Robert Ray
Cedar Rapids employers pick St Luke's plan for health coverage
A regional alliance representing 12 large Cedar Rapids area employers chose a St Luke's Hospital managed care program affecting about 30 000 people including employees and dependents from AEGON USA Amana Refrigeration The Gazette IES Industries LeFebvre Noland Kirkwood Community College Grant Wood Area Education Agency and several local school districts The plan preserves choice with a preferred provider option and a more traditional option both administered by Blue Cross Blue Shield of Iowa.
MENTIONED IN THIS ARTICLE
Marion
Linn-Mar
RHA
Larry Milroy
Milroy
Innovative Health Strategies
Cedar Rapids
Rockwell-Collins
Mercy Medical Center
Rockwell
St. Luke's
Unity Choice
St. Luke’s
Integra Health
Alliance Select
Blue Cross
Blue Shield
Iowa
New Area Health Covers 30000 Residents and 11100 Employees
The plan covers 30 000 people and 11 100 workers including staff from AEGON USA Amana Refrigeration The Gazette IES Industries LeFebvre Noland Kirkwood Community College Grant Wood Area Education Agency and four area public school districts. It aligns with St Luke's Hospital group for managed care offering a preferred provider plan with additional hospitals and physicians. The term lasts three years.
MENTIONED IN THIS ARTICLE
Aegon USA
Amana Refrigeration
the Gazette
IES Industries
LeFebvre
Noland
Kirkwood Community College
Grant Wood Area Education Agency
St. Luke’s Hospital Group
Fran Hammers Carolinas as Hurricane Fran Hits Cape Fear
Fran ripped ashore at Cape Fear with 115 mph winds and a 12 foot surge, tearing trees and rain across southeast North Carolina. The storm spurred evacuations as it moved north toward Wilmington, causing deaths and widespread damage while residents waited out the pounding wind and debris.
MENTIONED IN THIS ARTICLE
Fran
Wilmington
N.C
Cape Fear
Carolinas
Cape
Currie
Bertha
Mary Wasson
Baie Wasson
North Carolina
North
South Carolina
Warning for rock climbers at Backbone State Park
Park Ranger Bob Schaut warns hikers to use caution and common sense on steep trails after two serious injuries at Backbone State Park. He urges respect for the environment as readers are directed to page 50 for more details.
MENTIONED IN THIS ARTICLE
Backbone State Park
Bob Schaut
Notable Births and City Briefs Update
Local notices report recent births within the city and miscellaneous briefs from the council. Details are sparse due to fragmentary OCR but outline new arrivals and civic updates affecting residents.
Plane crash ends life of aviation instructor in Iowa
Bill Kimble, 45, a Kirkwood Community College welding instructor, and Jim Neagle, 53, a Linn County detective former, perished when a kit built Avid Flyer crashed near North Liberty after takeoff from Green Castle Club airstrip. Neagle survived in critical condition. Investigators noted an emergency landing in a cornfield with a 50 foot skid mark. cause to be determined in months.
MENTIONED IN THIS ARTICLE
Rick Smith
Azette
Bill Kimble
Jim Neagle
Kimble
Kirkwood Community College
Neagle
Linn County
Cedar Rapids
University Hospitals
Iowa City
Green Castle Club
North Liberty
Mitch Robbins
National Transportation and Safety Board
Subaru
Don Nelson
Green Castle
Green Castle Area Club
Dan Hall
Kirkwood
Aviation Club
Hall
Iowa
Also Mentioned on This Page
Ok’d
George C. Ford
Lynn Feuerbach
C.R. Employer Group
By Dale Kueter
Monster Storm
Grover Gore
Southport
George Powers
Powers
West
Washington
Iowa City West
Wash
TeleUs
TM Ensant
United
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