Big and Getting Bigger: ITC Doubles Its Transmission Business With Entergy Deal, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 12/22/11 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- (NYSE:ETR) (New Orleans, Louisiana) announced plans to divest its transmission business in a December 5 transaction with (NYSE:ITC) (Novi, Michigan). Now, the New Orleans company is out of a business it didn't want to be in, and the Michigan company is achieving its goal of scaling up to meet the expected build-out of the U.S. electric transmission business.
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Datum: 22.12.2011 - 05:20 Uhr
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News-ID 1068319
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