Northeast Utilities Buying NSTAR in No-Premium Deal
By:
DailyFinance.com
Posted on October 18, 2010 at 08:06 AM EDT
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. Continue reading Northeast Utilities Buying NSTAR in No-Premium Deal Northeast Utilities Buying NSTAR in No-Premium Deal originally appeared on DailyFinance on Mon, 18 Oct 2010 08:06:00. Filed Under: Company News , Stocks in the News Permalink | Tweet this! | Comments
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