| Deal Description | Pacific Power & Light Company used its portion of the proceeds for the construction, improvement, or extension of its facilities. Of the shares offered in this deal, 352,792 shares were sold by the group of selling stockholders, which consisted of Charles Stewart Mott; A. C. Allyn and Company, Incorporated; Stifel, Nicolaus & Company, Inc.; the Donner Corporation; Cruttenden & Co.; Dempsey & Co.; Charles Stewart Harding Mott and Roy E. Brownell as trustees for Maryanne Turnbull Mott Trust; Charles Stewart Mott and Charles Stewart Harding Mott as trustees for Kate Butler Trust; and Charles Stewart Mott and Roy E. Brownell as trustees for Claire Isabel Mott Trust. The Company receive no portion of the proceeds from these shares. |