May 21, 2018 / 12:18 PM / 3 months ago

BRIEF-Southern Co- Gulf Power SpA Provides Upon Termination Of Deal Under Certain Circumstances, Purchaser To Pay Co Fee Of $100 Mln/$200 Mln

May 21 (Reuters) - Southern Co:

* SOUTHERN CO- GULF POWER SPA PROVIDES UPON TERMINATION OF DEAL UNDER CERTAIN SPECIFIED CIRCUMSTANCES, PURCHASER TO PAY CO FEE OF $100 MILLION/$200 MILLION

* SOUTHERN CO - PRETAX IMPAIRMENT CHARGE RELATED TO SALE OF GENERATING PLANTS IN FLORIDA OF ABOUT $120 MILLION ($90 MILLION AFTER TAX) TO BE RECORDED IN Q2 2018

* SOUTHERN CO - GULF POWER SPA ALSO PROVIDES UPON CERTAIN OTHER SPECIFIED CIRCUMSTANCES CO TO PAY PURCHASER A TERMINATION FEE OF $100 MILLION Source text (bit.ly/2KK8Q0P) Further company coverage:

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