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Expert Analysis

FERC's New Merger Review Proposal And Its Impact

Law360, New York (February 19, 2015, 5:07 PM EST) -- On Jan. 22, the Federal Energy Regulatory Commission proposed to modify its policy that protects ratepayers in electric utility merger and acquisition proceedings. If adopted, the policy would significantly expand the scope of the ratepayer protection commitments that must be offered by electric utilities seeking prior FERC approval for mergers and acquisitions involving utilities with cost-of-service rates and, as a result, may materially alter the financial calculus for companies considering those transactions....

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