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Northeast Utilities (NU) is a public utility holding company. It is engaged in the energy delivery business through the wholly owned utility subsidiaries, which include The Connecticut Light and ...
MANY public utility holding companies in this country have to their ... It will be recalled that Section 10 of the Clayton Act provides in part that no common carrier engaged in interstate ...
of the Federal Power Act (FPA) for holding companies and investment companies that seek to invest in public utilities. Blanket authorizations allow certain investment companies to buy and sell ...
Ever since the Public Utility Holding Company Act passed Congress in 1935, utility financiers have focused their fears on its Section u, the so-called “death sentence.” Question was just how ...
1 Changes in FERC policy on such blanket authorizations could make it more difficult for investment companies to engage in transactions involving public utilities ... Bank Holding Act of 1956 ...
This blast from quiet Senator Fred Her bert Brown of New Hampshire played its part in persuading Congress to pass the Public Utility Holding Company Act of 1935 (“death sentence”). Howard ...
Under the Federal Power Act, any public utility holding company seeking to acquire more than $10 million in voting securities in another utility must secure an order from FERC authorizing it to do so.