Bid/Ask: Great Plains Energy stakes a claim in Kansas; a Birkin bag fetches $300,000
Great Plains Energy expands in Kansas. The Missouri-based power company agreed to buy Westar Energy, Kansas’ biggest utility, with 700,000 customers in the state. The acquisition comes as power companies across America look to consolidate amid rising operational costs and weakening demand. Last year saw more than $52 billion worth of utility deals pending or completed in the U.S.