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Re: north40000 post# 3

Thursday, 12/03/2015 12:28:14 AM

Thursday, December 03, 2015 12:28:14 AM

Post# of 7
Here is one source:

http://www.bloomberg.com/gadfly/articles/2015-12-01/itc-holdings-chooses-to-enter-fray-of-utilites-merger-wave

Excerpt:

"ITC Holdings, an independent power-transmission company operating in the U.S. Midwest, confirmed late Monday that its board has begun reviewing strategic alternatives which "may result in the company’s possible sale or pursuit of other initiatives to maximize value for shareholders."The news followed a Bloomberg News report that the $5.8 billion company was exploring sale options, with companies including the UK's National Grid and Spain's Iberdrola considering bids. Warren Buffett's Berkshire Hathaway is another company exploring an offer for the utility, the Financial Times reported on Tuesday. ......"

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