Acquiring Company
Superior Water Light and Power
Acquired Company
ALE
Description
ALE has completed a cash merger with Superior Water, Light and Power, resulting in shareholders receiving 67 USD per share. As a result, ALE stock has been removed from trading and no longer exists as an independent entity. This merger marks the end of ALE's corporate presence in the market, with all former shareholders compensated in cash.
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M&A Insights
Based on deal dataFrequently asked
Who acquired ALE?
ALE was acquired by Superior Water Light and Power, based in City Of Superior. The deal was reported on September 3, 2026. Superior Water, Light and Power is a utility company that has been providing services in electricity generation and distribution. Superior Water Light and Power is privately held and operates in Energy.
When did Superior Water Light and Power acquire ALE?
Superior Water Light and Power's acquisition of ALE was reported on September 3, 2026. ALE has completed a cash merger with Superior Water, Light and Power, resulting in shareholders receiving 67 USD per share. As a result, ALE stock has been removed from trading and no longer exists as an independent entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ALE do?
ALE was a regional utility operator involved in electricity generation and distribution. The company served its community for many years before the completed cash merger. It is privately held, operating in Energy, and is based in Zvulun Regional Council.
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