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Vt. gov likes new offer for electric utility



WCAX - 9:51 am Thu Jun 30th, 2011

Vermont Gov. Peter Shumlin says he thinks an unsolicited offer to buy the state's largest electric utility by a Canadian company is the better deal than the other offer that's on the table.

At the end of May, the Central Vermont Public Service Corp. announced that it had reached a deal to be sold to the Canadian utility Fortis Corp. for $35.10 a share.

Then last week another large Canadian utility, Gaz Metro, made an

Read the whole story in the WCAX: http://www.wcax.com/story/14998303/vt-gov-likes-ne...

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Montpelier, VT 05602 (Set as Local)

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