ITC Shareholders Approve Merger of Entergy's Transmission BusinessITC Holdings Corp. (NYSE: ITC) shareholders today voted to approve the proposed merger of the transmission business of New Orleans-based Entergy Corp. into ITC.
ITC Holdings Reports Higher Revenue, Net IncomeITC Holdings Corp. (NYSE: ITC) reported higher revenue and net income for the fourth quarter and year ended Dec. 31.
ITC Holdings Schedules Special Shareholder Meeting in Connection with Entergy TransactionITC Holdings Corp. has scheduled an April 16 special meeting of shareholders to vote on its acquisition of the electric transmission business of Entergy Corp.
Entergy Texas, ITC File Final Transaction RequestEntergy Texas Inc., in conjunction with ITC Holdings Corp. (NYSE: ITC) and ITC Midsouth LLC, have filed a requewt at the Public Utility Commission of Texas to spin off Entergy Texas' electric transmission business and merge it into a subsidiary of ITC.
Entergy, ITC Initiate Transaction Approval ProcessITC Holdings Corp. and New Orleans-based Entergy Corp. said Wednesday that they have initiated a multi-state and federal regulatory process per an agreement announced on Dec. 5, 2011, that calls for Entergy's utility operating companies to spin off and merge their electric transmission businesses with a subsidiary of ITC.
ITC Profits Fall On One-Time ChargesITC Holdings Corp. (NYSE: ITC) last week reported net income of $42.4 million or 81 cents a share in the second quarter, down from $43 million or 83 cents a share in the second quarter of 2011.
ITC Selects Michigan Firm For First Phase Of Thumb Loop Transmission LineNovi-based ITCTransmission, a wholly owned subsidiary of ITC Holdings Corp., the nation's largest independent electricity transmission company, Friday announced it has selected Iron Mountain-based M.J. Electric LLC, a Quanta Services company (NYSE: PWR), to build the first segment of the Thumb Loop high-voltage transmission line.
ITC Holdings Offers New Capital Plan, Earnings Guidance
ITC Improves Profits, Raises 2010 Guidance