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CreditSights Takeout Ten
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Research firm CreditSigns has a research report detailing the ten utilities they think will be taken over as part of the merger boom happening in the utility industry.Check out this article from Forbes for more details. According to the article:
"The hunt for acquisitions is being driven by the huge capital demands facing power companies over the next quarter century. A rule of thumb in the industry, says Duke Energy Chief James E. Rogers, is that for every dollar in operating and maintenance expense that can be reduced in a merger, up to five dollars can be invested in infrastructure upgrades. "
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