This is fascinating the first I’ve heard of any of it I was gone so I missed all the news. Very odd her car would just crash. I think you are onto something here. This merger will make them the largest utility in the country and it’s being called the deal of the day.
“Regulators must still approve the transaction. If approved, it would result in the formation of the largest utility in the U.S. with about 7 million customers.”
http://www.wral.com/business/story/8907376/
What do you know about Dominion anything?
Dominion Made Last-Minute Offers to Duke and Progress
http://www.cnbc.com/id/41006128
Deals of the Day: Duke Energy to Buy Progress Energy for $13.7 Billion
I know nothing about Dominion. They seem to be a minor player in this game. I suspect the deal has been stuck a while ago, but they probably had to allow them to bid to present the perception of a public bidding process. From what I can see, Dominion made a token effort to stop the deal, but had no chance.
Soros has been pushing this deal, but the details are muddled. Cap and Trade has his fingerprints all over it.