NStar (NST -0.3%) wins final approval for its planned $5B merger with Northeast Utilities (NU...

|By:, SA News Editor

NStar (NST -0.3%) wins final approval for its planned $5B merger with Northeast Utilities (NU -0.2%), gaining the support of the Massachusetts Department of Utilities. The endorsement paves the way for creating of a New England energy giant that will serve 3.5M gas and electric customers.