Entergy Shareholders Could Get a Boost
The more things change at Entergy (ETR), the more they remain the same. At least for current shareholders, there is a possibility that they will receive two separate dividend streams.
Entergy is planning a spinoff and merger of its vast transmission line assets with ITC Holdings (ITC). Transmission lines are the backbone of a utility system, and they do not include local distribution systems. Because transmission lines are engaged in interstate commerce, they are regulated not by the state but by the U.S. Federal Energy Regulatory Commission (FERC)....654 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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