Friday, January 7, 2011

Report: Duke Energy courting Progress Energy

Report: Duke Energy courting Progress Energy: "(By John Murawski, Staff writer) Progress Energy's stock got a positive bump Thursday following a Wall Street report saying the Raleigh-based power company is in preliminary merger talks with Charlotte-based Duke Energy.

The possible merger was first reported by DealReporter, a financial information service, then rebroadcast by Bloomberg News."