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Reuters: Judge counsels against Iberdrola-Energy East deal

Started by chris, June 17, 2008, 08:41:06 AM

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chris

Judge counsels against Iberdrola-Energy East deal
      


NEW YORK (Reuters) - A New York administrative law judge recommended on Monday that state regulators disapprove Iberdrola SA's  $4.5 billion takeover of U.S. utility Energy East Corp , saying the deal is not in the public's best interest.
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