N.C. regulators to hold hearing on Duke-Progress merger
The
North Carolina Utilities Commission will hold a hearing about why
former Progress Energy chief Bill Johnson apparently was removed from
his post upon completion of the merger between Progress and Duke Energy,
after regulators were told he would lead the combined company. The
commission, which cleared the $32 billion deal in June, is authorized to
"rescind, alter or amend any order or decision" it has made. The Charlotte Observer (N.C.)
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
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