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CenterPoint Energy, Vectren announce plans to merge

( April 23, 2018, 22:31 GMT | Official Statement) -- MLex Summary: CenterPoint Energy and Vectren announced that they will merge with an agreement they said will create a "leading energy delivery, infrastructure and services company serving more than 7 million customers across the United States." Both companies are listed on the New York Stock Exchange and Vectren shareholders will receive $72 per share of Vectren common stock, with CenterPoint assuming Vectren's outstanding net debt. The deal is slated to close by the first quarter of 2019 and requires approvals from the Federal Energy Regulatory Commission, US Federal Communications Commission and US antitrust authorities. The company said it will also make regulatory filings in Indiana and Ohio.Statement follows below:...

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