TITLE

National Grid Leads With KeySpan Deal

AUTHOR(S)
Terzo, Gerelyn
PUB. DATE
March 2006
SOURCE
Investment Dealers' Digest;3/27/2006, Vol. 72 Issue 12, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the National Grid USA Inc. has defeated the Con Edison Co. in the contest to buy the Keyspan Energy Corp. To finance this acquisition, the company plan to use all debts. Chief financial officer John Cochrane of the National Grid asserts that through using debts, the issue of balance-sheet inefficiencies will be clarified.
ACCESSION #
20316809

 

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