NU pays to settle failed ConEd merger

NU pays to settle failed ConEd merger

There are 3 comments on the WTNH Hartford, New Haven and Connecticut story from Mar 20, 2008, titled NU pays to settle failed ConEd merger. In it, WTNH Hartford, New Haven and Connecticut reports that:

NU has agreed to pay $50 million to ConEd to settle the dispute stemming from the merger that fell through in March 2001.

Join the discussion below, or Read more at WTNH Hartford, New Haven and Connecticut.

John Calandrella

United States

#1 Mar 20, 2008
Anybody say "rate increase"??????? its commin folks..........
Bob K

United States

#2 Mar 20, 2008
Ofcourse the good people of Connecticut will have to foot the bill through even high untility costs!!!!
John Calandrella

Wallingford, CT

#3 Mar 20, 2008
This what gets me with these "privately" owned business's that is supposed to be SO good for us the consumers..they do a deal that will make THEM money, not the consumer, they blow the deal and WE the consumer get to pay THIER penalty...the government needs to run the power company's, the grids wouldnt be in the mess they are in now because of "corporations" worrying about thier damn bottom lines and "dividends" for the shareholders..........

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