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Shares of El Paso Electric were higher by 13.5% after the utility company received a buyout bid. An infrastructure investment fund managed by JPMorgan Chase’s investment management division entered.
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According to El Paso’s press release, J.P. Morgan Investment Management has offered to buy all outstanding shares of the company for $68.25 per share. Including debt, the deal totals $4.3 billion. As.
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We are a mortgage broker and a mortgage banker which means we have access to the lowest mortgage rates in the country. We also specialize in First-Time home buyer loans in Colorado Springs and the surrounding cities in El Paso County. Whether you are buying a home or refinancing.
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