Entergy, ITC Discontinue Pursuit of Transmission Spin/Merger
Submitted by aburr on Tue, 2013-12-31 13:17Entergy and ITC Holdings mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC. The companies formally terminated the merger agreement and filed pleadings to withdraw the remaining transaction approval applications with Entergy's retail regulators, as well as the Missouri Public Service Commission and the Federal Energy Regulatory Commission. The companies originally announced the deal on Dec.