November 16, 2006

Puhca Repeal Yet to Produce Utility Powerhouse

Michael Giberson Repeal of the Depression-era Public Utilities Holding Company Act of 1935 was widely expected to produce a kind of merger mania, as antiquated restrictions were stripped away and true wheelin’ and dealin’ could begin. There were dire prognostications of the nation’s utilities growing into multi-state powerhouses and eventually rolling up into four or …

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