Wednesday, April 18, 2012

FERC may be working toward June ruling on Duke Energy-Progress Energy deal - Charlotte Business Journal

John Downey
"The companies filed their latest proposal on March 26 — after the Federal Energy Regulatory Commission    rejected two earlier plans. Last week, FERC responded with a few dozen highly specific, and generally technical, questions about the proposal. Some observers saw that as a sign that the federal proceedings could be slowed further as Duke and Progress press to beat a July 8 expiration date on their merger agreement."

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