November 2, 2001Mge Energy Inc • November 2nd, 2001
In connection with the proposed corporate restructuring pursuant to the Agreement and Plan of Share Exchange dated as of October 31, 2001 (the “Agreement”), between Madison Gas and Electric Company (“MG&E”) and MGE Energy, Inc. (the “Holding Company”), both of which are Wisconsin corporations, in which, among other things, the outstanding shares of common stock of MG&E will be exchanged for an equal number of shares of common stock, $1 par value per share, of the Holding Company (the “Shares”), we have examined:
