ITC, Entergy Get Transaction Approval From FedsITC Holdings Corp. (NYSE: ITC) Friday announced that its proposed buyout of the transmission lines of New Orleans-based Entergy Corp. (NYSE: ETR) has received approval from the Federal Energy Regulatory Commission.
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 Seeks Federal OK Of Entergy Power Line PurchaseNovi-based ITC Holdings Corp. (NYSE: ITC) and New Orleans-based Entergy Corp. (NYSE: ETR) filed a joint application Monday with the Federal Energy Regulatory Commission seeking approval for Entergy's utility operating companies to spin off and merge their electric transmission businesses into a subsidiary of ITC.