Northeast Utilities is buying NSTAR for about $4 billion in a no-premium deal. The companies agreed to a stock-for-stock merger of equals with a total enterprise value of $17.5 billion to create a company with nearly 3.5 million electric and gas customers — over half of the customers in New England.
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Northeast Utilities Buying NSTAR in No-Premium Deal originally appeared on DailyFinance on Mon, 18 Oct 2010 08:06:00.
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