The board of directors at Columbia unanimously approved the acquisition. CEO Robert Skaggs said that, with a 32 percent return on premiums, it's a deal that "delivers tremendous value to our shareholders."
"We always knew there was a chance we could get shut down," said Robert Skaggs, who has worked at the 50-year-old power plant for 10 years and is also an alderman in the town of 400. "It's pretty obvious. Our plant is an old plant."
"We've been working with the Shriners, they have a great program. It's an all-charity program and we just do our best to give back to the community and just to show them how IHOP appreciates what they do. -Robert Skaggs, Laredo's IHOP Manager:
Mt. Vernon High School Mt. Vernon OH 1980-1985, Belmont High School Dayton OH 1982-1986, Knox County Joint Vocational High School Mt. Vernon OH 1983-1985
Ralph Morris, Roy Jones, Patricia Fullerton, Nina Neff, Francis Lin, Joanne Atkinson, Joann Bailey, Thomas Harden, Richard Tabor, Jack Cordray, Benjamin Decinque