PPL (PPL -6.3%) is set to buy E.On's (EONGY.PK +0.8%) U.S. assets for $7B, David Faber reports -...

|About: PPL Corporation (PPL)|By:, SA News Editor

PPL (PPL -6.3%) is set to buy E.On's (EONGY.PK +0.8%) U.S. assets for $7B, David Faber reports - a surprise to those who thought Duke Energy (DUK +4.9%) prevailed in a three-company competition.