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Entegrus Merger Plans up for Debate

The potential merger between Entegrus and St. Thomas Energy could take another step forward tonight. entegrusstthomas

An information report comes to council tonight with a final decision set for June 5th.

If approved, Chatham-Kent will own a little more than 70% of the new company.

There would be no job losses during the first three years of the merger.

Benefits to residents would include lower distribution rates and an increased dividend paid to the municipality.

 

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