Title

Angus King, independent candidate for governor, said that he netted $8 million f

Authors

Source

Portland Press Herald

Date

7-6-1994

Pages

3B

Abstract

Angus King, independent candidate for governor, said that he netted $8 million from the sale of his company, Northeast Energy Management Inc. of Brunswick, to Eastern Utility Associates of Massachusetts, a utility holding company. Eastern Utility said the overall purchase price was $19.8 million, and King said he received $8 million after paying bank loans, capital gains taxes and other costs. Northeast Management, with two employees, does large-scale electricity conservation projects for Bath Iron Works, the paper industry and schools. Details.

Subjects

Candidates -- Political -- 1994, Angus S. King Jr.

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