Feds approve #Wisconsin_Energy’s $9.1 billion purchase of #Integrys RSS Feed

Feds approve Wisconsin Energy’s $9.1 billion purchase of Integrys

The largest acquisition ever proposed by Milwaukee-based Wisconsin Energy Corp. has received federal approval after the Federal Energy Regulatory Commission Tuesday cleared the energy company’s $9.1 billion purchase of Integrys Energy Group Inc. of Chicago.

The deal still requires the approvals of public service commissions of four states, including Wisconsin, where groups representing business have filed objections. The Wisconsin Public Service Commission could decide on the plan this month.

Read full article at Milwaukee Business Journal