Entergy, ITC Discontinue Pursuit of Transmission Spin/Merger
December 13, 2013 at 11:31 AM EST
Entergy Corporation (NYSE: ETR ) and ITC Holdings Corp. (NYSE: ITC ) announced today that the companies have mutually agreed to end their pursuit of a spin/merger of Entergy's transmission business with ITC. The companies formally terminated the merger agreement this morning and filed pleadings to withdraw the