FirstEnergy Corp. and Allegheny Energy Inc. were notified Jan. 7 that the U.S. Department of Justice completed reviewing the companies' proposed merger and closed its investigation.

The companies made their Hart-Scott-Rodino filing with the Federal Trade Commission and the DOJ on May 25, 2010. The companies have received merger approval from the Federal Energy Regulatory Commission, the Virginia State Corporation Commission and the West Virginia Public Service Commission and have proposed settlements pending with the Pennsylvania Public Utility Commission and the Maryland Public Service Commission. Shareholders for both FirstEnergy and Allegheny Energy approved proposals related to the proposed merger.

Read more news and features on the business of power generation.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...