May 31 (Reuters) - Great Plains Energy Inc GXP.N , the
parent of regulated utility Kansas City Power & Light, said it
would buy rival Westar Energy Inc WR.N for $8.6 billion in
cash and stock.
Westar shareholders will receive a total of $60 per share,
representing a premium of 13.4 percent to the stock's Friday
close.
The enterprise value of the deal is about $12.2 billion,
including about $3.6 billion in Westar's debt, the companies
said on Tuesday.