Duke Energy Will Acquire Cinergy for $9 Billion in Stock

Article Abstract:

Electrical utility giant Duke Energy North America announced the acquisition of Cinergy Corp. The newly combined company will have 5.4 million customers in The United States, Canada and South America.

Sales, profits & dividends, Securities issued, listed, Securities, Cinergy Corp., CIN, Company sales and earnings, Company earnings/profit, Company securities, Duke Energy North America

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While U.S. Backslides, France Offers Lessons in Cutting Oil Use

Article Abstract:

Since the high oil prices of the 1970s both France and the United States initially attempted to reduce their dependence on oil, but only France has stuck with and expanded on those policies.

Strategy & planning, Government domestic functions, France, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Energy Conservation, Planning, Energy policy, Political aspects, Company business planning

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Buffett Pays $5.1 Billion for Utility and Promises More Deals

Article Abstract:

Berkshire Hathaway agreed to buy the electric utility PacifiCorp from Scottish Power, and Warren Buffett said that more such acquisitions were planned for the future.

United Kingdom, Financial management, Fire, marine, and casualty insurance, Finance, Company investment, Investments, Property and casualty insurance industry, Berkshire Hathaway Inc., BRK.A, Company financing, Scottish Power PLC, Buffett, Warren E., PacifiCorp

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