SEC FILE NO. 70-9599
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CERTIFICATE PURSUANT TO
RULE 24
OF PARTIAL COMPLETION OF TRANSACTIONS
PUBLIC UTILITY HOLDING COMPANY ACT OF 1935
GPU, INC.
GPX Acquisition Corp.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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In the Matter of )
)
GPU, INC. )
GPX Acquisition Corp. )
)
)
)
SEC File No. 70-9599 )
)
(Public Utility Holding )
Company Act of 1935) )
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To the Members of the Securities and Exchange Commission:
The undersigned, GPU, Inc. ("GPU"), hereby certifies pursuant
to Rule 24 of the General Rules and Regulations under the Public Utility Holding
Company Act of 1935, as amended, that certain of the transactions authorized by
the Commission's Order dated April 14, 2000, have been carried out in accordance
with the terms and conditions of, and for the purposes represented by, the
Application, as amended, in SEC File No. 70-9599 as follows:
On May 11, 2000, MYR Group Inc. ("MYR"), a wholly-owned subsidiary of
GPU, entered into a Stock Purchase Agreement providing for the acquisition of
all of the issued and outstanding common stock of Great Southwestern
Construction, Inc. ("Great Southwestern"), a privately held Colorado
corporation, for a purchase price of $4,750,000, plus an additional amount
payable in the future ranging up to $250,000, based on the year 2000 pre-tax
income of Great Southwestern.
Great Southwestern is a regional utility infrastructure contractor
engaged solely in the construction and installation of electrical substation,
transmission and distribution facilities for both investor-owned and municipal
utility systems as well as governmental entities. Great Southwestern's gross
revenues in 1999 were approximately $18,000,000.
The closing on the acquisition occurred on May 11, 2000.
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SIGNATURE
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PURSUANT TO THE REQUIREMENTS OF THE PUBLIC UTILITY HOLDING
COMPANY ACT OF 1935, THE UNDERSIGNED COMPANY HAS DULY CAUSED THIS STATEMENT TO
BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GPU, INC.
By:/s/ T. G. Howson
T.G. Howson, Vice President
and Treasurer
Date: May 16, 2000
