Info
Submitted by WWAY on Mon, 12/03/2012 - 12:22pm.

EMERY P. DALESIO AP Business Writer RALEIGH, NC (AP) -- North Carolina's utilities regulator and attorney general are settling separate investigations into whether Duke Energy misled officials before taking over its in-state rival Progress Energy. The North Carolina Utilities Commission on Monday approved the settlement announced last week. The deal defines CEO Jim Rogers' retirement and the coming and going of several other executives and board members at what is now the country's largest electric company. The commission had the power to reverse or alter its earlier approval allowing the merger. Attorney General Roy Cooper's office said Monday it is ending its probe with a separate settlement in which the company agrees to heightened consumer protection oversight. (Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Full Story »
The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.

Reply