Posted on March 15, 2010 at 10:24 AM / Permalink
FirstEnergy Corp. said Thursday it agreed to pay $4.7 billion to acquire Greensburg-based Allegheny Energy Inc.
The new FirstEnergy, based in Akron, Ohio, would serve 6.1 million customers in seven states. The deal, approved by both companies' boards, still faces regulatory hurdles in Virginia, West Virginia, Ohio, Maryland, New Jersey, New York and Pennsylvania. First Energy would pick up $3.8 billion in Allegheny Energy debt
http://www.pittsburghlive.com/x/pittsburghtrib/business/s_666670.html
Posted on March 15, 2010 at 10:14 AM / Permalink
A Fox Chapel businessman has obtained a state permit to treat wastewater from natural gas drilling operations at a former glass plant near New Stanton.
http://www.pittsburghlive.com/x/pittsburghtrib/news/westmoreland/s_671456.html