Let me think about that one. My initial reaction is that FAR, with a market cap of $682m would probably want $1B as t/o number. the question WPL would need to answer is whether that is the best use of WPL's cash or whether keeping the cash for CAPEX is a better use. I do nto have the answer to that.
HT1
WPL Price at posting:
$38.55 Sentiment: Hold Disclosure: Held