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‘Blindsided’ PSC seeks answers on sale of Mountain Water Co. by Carlyle Group

"We were truly blindsided by the sale," said Chairman Brad Johnson.

"Have these people taken leave of their senses?" asked Commissioner Travis Kavulla.

"Of course, they jumped the gun," Commissioner Bob Lake said of the parties to the sale.

This month, The Carlyle Group https://www.carlyle.com/ sold Mountain Water Co. to the subsidiary of a Canadian company without consideration by the Montana Public Service Commission.

KEILA SZPALLER [email protected]

Full Story: http://missoulian.com/news/local/blindsided-psc-seeks-answers-on-sale-of-mountain-water-co/article_2b65d294-7731-55e9-bb3b-cffc36fb8479.html

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