The history of US regulated utilities is in large part a record of mergers and acquisitions. The pace of M&A has varied greatly from year to year. Changes in companies' cost of capital and the price of assets have played a big role in shifting appetites to make a deal.
The history of US regulated utilities is in large part a record of mergers and acquisitions. The pace of M&A has varied greatly from year to year. Changes in companies' cost of capital and the price of assets have played a big role in shifting appetites to make a deal.
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