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The Connecticut Department of Public Utility Control (DPUC)approved the merger of Northeast Utilities, the state’s largestelectric utility, and Yankee Energy System, the parent of YankeeGas Services, the state’s largest gas distributor. Yankeeshareholders approved the merger agreement, in which YES willbecome a subsidiary of NU, on Oct. 12. According to the deal, NUwill pay $478 million for all of YES common equity. The mergerstill requires the approval of the Securities and ExchangeCommission, which is expected early next year.