Duke Energy's planned $4.9 billion purchase of Piedmont Natural Gas has received the green light from an independent state agency that advises North Carolina regulators in utility deals. The North Carolina Public Staff gave its consent of the deal, stating the Piedmont sale to Duke Energy Corp. for $60 per share meets the "standard for approval" after completing an investigation into the cost-benefit and market power analyses of the proposed merger, according to its filling with the North Carolina…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/13/duke-piedmonts-4-9b-deal-moving-forward.html?ana=RSS%26s=article_search
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