Thursday, August 4, 2016

Duke Energy’s Good sees quick close on Piedmont deal once regulators act

Duke Energy CEO Lynn Good says Duke Energy will be able to close its $4.9 billion purchase of Piedmont Natural Gas“within a few days” of regulatory approval of the deal. That means closing could come as early as this fall if the N.C. Utilities Commission approves the deal, as is generally expected. But she cautions that the timing is in the hands of the commission, which held its hearing on the purchase last month. “We are in the process of finalizing briefs and the documentation for submission…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/04/duke-energy-s-good-sees-quick-close-on-piedmont.html?ana=RSS%26s=article_search

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