ALLETE Agrees to Sell North Carolina Utility DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, ALLETE Water Services, has agreed to sell its water and wastewater systems of North Carolina-based Heater Utilities, Inc. to Philadelphia Suburban Corporation (NYSE: PSC).
ALLETE Announces Redemption of Cumulative Quarterly Income Preferred Securities November 18, 2003 DULUTH, Minn.-- ALLETE, Inc. (NYSE: ALE) today announced the redemption by ALLETE Capital I of all $75 million aggregate liquidation amount of the 8.05% Cumulative Quarterly Income Preferred Securities
Florida Water Services Closes Osceola System Sale DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, closed on the sale of its water and wastewater system serving Osceola County, Florida. The system has been sold to a local governmental
Florida Water Services Closes on Sale of Marco Island and Deltona Systems DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, received approximately $145 million from the communities of Marco Island and Deltona for the sale under threat
Florida Water Services Closes Hernando County Sale DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has received approximately $36 million pursuant to final judgement in a condemnation action through which Hernando County took
Florida Water Services Closes Palm Coast Sale DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has closed on the sale of its water and wastewater system serving Palm Coast, Florida to the city of Palm Coast for approximately $83
ALLETE Announces Decision To Spin-Off Its Automotive Services Business To Shareholders DULUTH, Minn. - ALLETE, Inc. (NYSE: ALE) announced today that its Board of Directors has approved a plan to spin-off its automotive services business which will become a publicly traded company to be named ADESA
ALLETE Declares Dividend On Common Stock DULUTH, Minn.-- ALLETE's (NYSE: ALE) board of directors has declared a quarterly dividend on the company's common stock. A dividend of 28.25 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.13 per
Automotive Earnings Growth Highlights ALLETE's Third-Quarter Results DULUTH, Minn.--Bolstered by a strong showing from its Automotive Services businesses, ALLETE, Inc. (NYSE:ALE) today reported third quarter 2003 earnings of 57 cents per share, compared with 55 cents per share in the third quarter
Florida Water Services Sells Duval County System DULUTH, Minn.--ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services Corporation, has sold its water and wastewater system serving Duval County, Florida to the Jacksonville Electric Authority for approximately $25