Cleared

The $595 million merger of Chesapeake Utilities Corp. and Florida Public Utilities Co. (FPU) has cleared all state regulatory hurdles and the two utilities said they will now file their joint proxy with the Securities and Exchange Commission (SEC).

The $595 million merger of Chesapeake Utilities Corp. and Florida Public Utilities Co. (FPU) has cleared all state regulatory hurdles and the two utilities said they will now file their joint proxy with the Securities and Exchange Commission (SEC).

The field has been cleared for an up-or-down vote in the Senate this week on the administration’s nominee for chairman of the Commodity Futures Trading Commission (CFTC), Gary Gensler, after two senators said last Thursday they were removing the holds they had placed on the nomination over a month ago (see NGI, March 30).

The field has been cleared for an up-or-down vote in the Senate next week on the administration’s nominee for chairman of the Commodity Futures Trading Commission (CFTC), Gary Gensler, after two senators said Thursday they were removing the holds they had placed on the nomination over a month ago (see Daily GPI, March 25).

A $7.4 billion deal by a consortium of private investors to acquire Bellevue, WA-based Puget Sound Energy (PSE) and take it private cleared a final regulatory hurdle last Tuesday when the Washington Utilities and Transportation Commission (WUTC) on a split 2-1 vote gave a heavily conditioned approval. WUTC approved a multi-party settlement from last summer that included its own staff.

A $7.4 billion deal by a consortium of private investors to acquire Bellevue, WA-based Puget Sound Energy (PSE) and take it private cleared a final regulatory hurdle Tuesday when the Washington Utilities and Transportation Commission (WUTC) on a split 2-1 vote gave a heavily conditioned approval. WUTC approved a multi-party settlement from last summer that included its own staff (see Daily GPI, July 23).

The merger of CME Group and Nymex Holdings cleared its largest hurdle Monday afternoon as Nymex’s shareholders and its 816 seatholders voted to accept the merger proposal. With the approval out of the way, the closing date of the union, which has been valued recently anywhere between $7.9 billion to $8.4 billion, is scheduled to take place on Friday (Aug. 22), when Nymex Holdings will merge with and into CMEG NY Inc., a wholly owned subsidiary of CME Group.

Dominion East Ohio has been cleared to begin the second phase of a plan to price residential gas supplies under a market-based methodology through an agreement with the Public Utilities Commission of Ohio (PUCO).

Dominion East Ohio has been cleared to begin the second phase of a plan to price residential gas supplies under a market-based methodology through an agreement with the Public Utilities Commission of Ohio (PUCO).