NGG bought natural gas infrastructure in area served by ED. Logically, NGG should buy ED for the same reasons. If not NGG, a different foreign buyer (or domestic) sitting with US dollars that are rapidly becoming worthless. Bottom line: ED is also a take-over candidate.
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NGG bought natural gas infrastructure in area served by ED. Logically, NGG should buy ED for the same reasons. If not NGG, a different foreign buyer (or domestic) sitting with US dollars that are rapidly becoming worthless.
Aug 04 00:30 am
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All Comments by Djolg »Consolidated Edison: Stock Analysis [View article]
Bottom line: ED is also a take-over candidate.