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Apr. 5, 2012, 12:07 PMNStar (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. | Comment!
Jan. 4, 2012, 3:34 PMThe proposed $4.3B merger between Northeast Utilities (NU -1.7%) and Nstar (NST -3.7%) will be reviewed by utility regulators in Connecticut, reversing the state's decision last year not to review the transaction, the Hartford Courant reports. The preliminary decision throws a new barrier in the way of the deal that would create a $17.5B utility, just three months before the deal expires. | Comment!
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