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Duke Energy (DUK +0.3%) says it considers new conditions imposed by federal regulators on its...
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Monday, June 11, 2012, 10:22 AM ETDuke Energy (DUK +0.3%) says it considers new conditions imposed by federal regulators on its planned takeover of Progress Energy (PGN +3.6%) as a positive development that would allow it to close the deal by the July 1 target. The FERC on Friday cleared the way for the $13.7B deal but added conditions, including asking for periodic reports on the status of transmission upgrades.
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