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Dayton Power and Light to Pay $42 Million Settlement


This is a settlement for the Commercial lawsuit.

The state of Ohio and Dayton Power and Light have reached a settlement in their long-standing disagreement over a 1998 deal and corporate franchise taxes. Dayton Power and Light has agreed to pay $42 million to settle, avoiding the costs associated with lengthy legal battles. The power and light company says that the settlement will not affect the prices of its services.

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Published on Jun-30-08


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