Word: powergen
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Dates: during 2002-2002
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...with 79% for Calpine, the power-generating firm based in San Jose, Calif.) Hartmann's advance team is already on the ground in New York City. Its members arrived to handle the purchase of LG&E, which E.ON took over through the acquisition of LG&E's British parent, PowerGen. Shareholders approved the deal last month, and the company is waiting only for an expected green light from the Securities and Exchange Commission. In the meantime, Hartmann has assigned PowerGen's former chairman, Ed Wallis, and E.ON board member Michael Gaul to run a new company that will push forward...