Entergy Issues Statement on ALJ Recommendation in Proposed Spinoff and Merger of Entergy's Transmission Assets with ITC Holdings
Entergy (NYSE: ETR) issued the following statement on ALJ recommendation in Entergy-ITC Holdings proposed spinoff and merger:
"While we're disappointed in this recommendation, we are encouraged that many of the issues raised by the ALJ have been addressed already in follow-up filings. We're evaluating the decision and look forward to meeting with the PUCT and responding to items raised in the ALJ's decision.”
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