Northeast Utilities declares Consolidated Edison in breach of merger agreement

Northeast Utilities said that it had notified Con Edison that it was treating its refusal to proceed on the terms set forth in the parties’ merger agreement as a repudiation and breach of the merger agreement, and that it will file suit to obtain the benefits of the transaction as negotiated for Northeast Utilities’ shareholders.


By the OGJ Online Staff

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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