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: TechAgreements

Northeast Utilities And Nstar Agree To $17.5 Billion Merger of Equals, Forming New England's Premier Utility Company

By TechAgreements

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HARTFORD, CT and BOSTON, MA (October 18, 2010) - Northeast Utilities (NYSE-NU) and NSTAR (NYSE-NST) today announced that both companies' Boards of Trustees have unanimously approved a definitive merger agreement that will create one of the nation's largest utilities, with a total enterprise value of $17.5 billion. The Company will continue to be called Northeast Utilities.

Full post as published by TechAgreements on October 18, 2010 (boomark / email).

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