DOVER, DE — October 22, 2009 — Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE Amex: FPU) announced that their shareholders approved the proposed merger of the companies at separate meetings held today. Under the merger agreement previously announced and approved today, each common share of Florida Public Utilities will be converted into 0.405 shares of Chesapeake common stock upon closing of the merger. The parties intend to proceed to close the transaction.
About Chesapeake Utilities Corporation (www.chpk.com)
Incorporated in 1947, Chesapeake is a diversified utility company engaged in natural gas distribution, transmission and marketing, propane distribution and wholesa