Brief: Allete Says Upon Termination Of Deal Under Certain Specified Circumstances, Alloy Parent Llc Required To Pay Termination Fee Of $212 Million Or $164 Million To Co
06/05/2024 13:07
May 6 (Reuters) - ALLETE Inc ALE.N :
* ALLETE- UPON TERMINATION OF DEAL UNDER CERTAIN SPECIFIED
CIRCUMSTANCES, ALLOY PARENT LLC REQUIRED TO PAY TERMINATION FEE
OF $212 MILLION OR $164 MILLION TO CO
* ALLETE INC - UNDER OTHER SPECIFIED CIRCUMSTANCES, CO WOULD
BE
REQUIRED TO PAY ALLOY PARENT LLC TERMINATION FEE OF $116 MILLION
Source text for Eikon: ID:n0000066756-24-000034
Further company coverage: ALE.N
((Reuters.Briefs@thomsonreuters.com;))
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