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Entergy

Monday, December 05, 2011 Entergy

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Entergy 12/5/2011

14:55 : ITC to buy Entergy’s south-east US grid - Group will become US’s largest high-voltage operator, while Entergy will cut its debt and offload business that needs substantial investment over the next few years
Source : ft-com
14:51 : Entergy exits power transmission in $1.78 billion deal - (Reuters) - Entergy Corp struck a $1.78 billion deal with ITC Holdings Corp to exit its power transmission business, which was increasingly getting bogged down by stricter regulatory requirements...
Source : reuters-com
08:43 : Entergy to Spin Off Electric -Transmission Unit - Entergy plans to spin off its electric-transmission business and merge the operation with ITC Holdings to increase its financial flexibility and to protect its credit quality.
Source : wsj-com
07:12 : Entergy (ETR) plans to spin off its electric transmission business into ... - Entergy (ETR) plans to spin off its electric transmission business into a new entity and then merge it with ITC Holdings (ITC). The company expects ITC to assume about $1.78B in debt under the terms of the agreement. ...
Source : seekingalpha-com
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