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Show UP&L to offer common stock shares to public Utah Power and Light Co.. Monday said it would offer 2,500,000 shares of new common com-mon stock to the general public on December 7. The company said the new stock would be offered to the general gener-al public through underwriters underwrit-ers to be selected via competitive competi-tive bidding on the same day. The offering will be made only by means of a prospectus. Curtis L. H os kins, UP&L vice president, treasurer and chief financial officer, said net proceeds from the sale of the new stock would be used to -retire recent short-term bor- ' rowings for the utility's eon- ; struction program. UP&L has a 1977 construction program of some $300,000,000. The Salt Lake City-based '.. utility filed a registration statement with the Securities and Exchange Commission November 1 relating to its proposed new offerings of common stock. u; 8 tj QX8U naiUxnrjCTj |