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Entegrus Energy wants Amherstburg’s shares in Essex Power Corp.

electrical 2Entegrus Energy put forward an offer to Amherstburg council last night to buy the town’s shares in Essex Power Corporation. Entegrus offered 12 million dollars for 100% of the share,s which are about 14% of the total company shares. Council will be reviewing the offer over the next 60 days. A public meeting to gather community feedback will also be held to discuss the deal. If Amherstburg accepts, the deal could close by the end of the year.

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