Monday, August 21, 2006

Merger Activity

The Chicago Tribune:
Utility mergers are heating up across the country, adding drama to a sector of the economy known and valued for its stability...

The pace of mergers was actually much faster at the start of the decade, but seems to be picking up again.

The American Gas Association and the Edison Electric Institute list 12 pending utility mergers. Since 2000, at least 57 mergers have been completed.