Central Vermont Public Service (CV -2.6%) chooses Gaz Metro's $35.25/offer over a competing bid...

|About: Central Vermont Public Serv... (CV)|By:, SA News Editor

Central Vermont Public Service (CV -2.6%) chooses Gaz Metro's $35.25/offer over a competing bid from Canada's Fortis, joining Vermont's two largest electric utilities. Central Vermont values the Gaz Metro deal at $702M, including the assumption of $230M of debt. (PR)