FirstEnergy-Allegheny Energy Merger Application Receives Approval

FirstEnergy Corp. FE and Allegheny Energy, Inc. AYE today announced that they have received approval from the Virginia State Corporation Commission (SCC) for their proposed merger. The companies filed a petition with the SCC for approval of their merger on June 4, 2010. Allegheny Energy owns transmission assets in Virginia through Potomac Edison and the Trans-Allegheny Interstate Line Company. Get free trades at tradeMONSTER!
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