Closing date announced for DTE Energy/MCN merger

If the SEC by May 31 does not approve the merger, DTE Energy and MCN will delay the closing date of the merger until the SEC issues an approval order. A delay would be announced on or before May 31 and a revised closing date would subsequently be announced.

THE WOODLANDS, Texas, May 23, 2001 – Energy marketplace provider Pantellos today announced that it has selected Citibank as its preferred provider of financial settlement services for the Pantellos Marketplace.

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