Ohio Gov. Bob Taft signed into law a bill requiring the state’sPublic Utilities Commission to investigate any hostile takeover biddirected at an Ohio gas utility at the time the bidder’s tenderoffer is made.
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Georgia PSC Votes to Investigate AGL
Like an irate mother ordering her child to come inside while theother children play, the Georgia Public Service Commissionunanimously voted Tuesday to order a full hearing into Atlanta GasLight’s (AGL) rate charging operations. The hearings will beginFeb.3 and a decision is expected by Feb. 9. The vote took placeduring a regular session of the commission.
January 6, 1999