Hydro One and Avista extend their merger end date

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Hydro One Limited and Avista Corporation have announced that Hydro One has received a notice from Avista to extend the transaction End Date to March 29, 2019, as provided for in the merger agreement.

Under the merger agreement, the transaction End Date was originally September 30, 2018. Either party has the right to unilaterally extend that date by up to six months. Hydro One and Avista continue to expect to close the transaction in the fourth quarter of 2018.