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Glass, Lewis & Co. and PROXY Governance, Inc. Recommend Chesapeake Utilities Corporation Shareholders Vote 'FOR' Proposed Merger With Florida Public Utilities Company.

Publication: Mergers & Acquisitions Week
Publication Date: 28-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Chesapeake Utilities Corporation (NYSE:CPK) announced that Glass, Lewis & Co. and PROXY Governance, Inc., two independent proxy advisory firms, have each recommended that Chesapeake shareholders vote "FOR" the strategic merger with Florida Public Utilities (NYSE Amex: FPU) at Chesapeake's Special Meeting of Shareholders on October 22, 2009.

"We are very pleased that these two independent shareholder advisory firms have determined that this transaction is in the best interests of Chesapeake's shareholders and recommended that they...

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