To continue getting breaking news and the full stories from The Boston Globe, subscribe today.

The Boston Globe

Business

Boston.com

Conn. abandons hands-off stance on utility deal

By Associated Press

 |   

  January 04, 2012

Connecticut regulators have yielded to the state’s top consumer advocate and dropped a hands-off stance to Northeast Utilities’ proposed $4.72 billion purchase of a Massachusetts power company. The Public Utilities Regulatory Authority said today that the Office of Consumer Counsel raised new issues last month related to the revamped executive leadership of the merger with NStar, which is in Boston.

Stay with the story. Get full access to BostonGlobe.com for just 99¢

Unlimited access to BostonGlobe.com for only 99¢ for the first 4 weeks. You can cancel at any time.

  • The FULL story all day: Enjoy all of the high-quality, in-depth journalism in the print edition of the Boston Globe — plus breaking news that's updated 24/7.
  • A truly reader-friendly format: It's online news that looks and reads just like the newspaper — uncluttered, uninterrupted.
  • Breakthrough technology: The responsive design automatically adapts content so it always reads perfectly on the digital device of your choice.
Get started today

Free access for home delivery subscribers.

Just need to link your home delivery account; one easy step.

Link my home delivery account

BostonGlobe.comSubscriber Log In

Contact us for help