Integrys Energy (TEG) Acquired for $5.71 Billion

Integrys Energy (TEG) shares vaulted higher by some 15% after the company said Monday it agreed to be acquired by Wisconsin Energy Corp. (WEC) in a cash-and-stock deal worth about $5.71 billion. Under the terms of the deal, Wisconsin Energy, which is based in Milwaukee, will pay 1.128 a share and $18.58 in cash, or […] View the full post at: Integrys Energy (TEG) Acquired for $5.71 Billion Related posts: Devon Energy to Divest Its Off-Shore Presence Speculators ‘R’ Us: The G8 and Energy Prices Putnam Liquidates $12 billion Prime Money Market Fund