The merger of New Century Energies and Northern States Power
appears to be moving faster than expected. The companies announced
plans yesterday to hold their special shareholder meetings to
approve the merger in late June rather than in September. The
proposed merger requires shareholder approval as well as approval
or regulatory review by various federal and state agencies. When
completed the merged company will serve 3 million electricity
customers and 1.5 million natural gas customers in 12 U.S. states.
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