NC Officials To Review Proposed Energy Deal
From MSN
North Carolina officials expect to lay out a schedule for their consideration of Duke Energy Corp.’s proposed takeover of Progress Energy Inc.
Sam Watson, general counsel for the North Carolina Utilities Commission, said the agency will release a preliminary schedule Monday or Tuesday.
The $13.7 billion deal would create the nation’s largest electric utility and service 7 million customers in the Carolinas, Florida, Indiana, Ohio and Kentucky.
