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Watchdog group to review deal

Published: Tuesday, June 24, 2014 1:15 a.m. CST

CHICAGO (AP) – An Illinois watchdog group says it will carefully review Wisconsin Energy Corp.’s proposed purchase of Integrys Energy Group Inc.

Officials at the watchdog Citizens Utility Board in Illinois say they want to make sure it’s a good arrangement for utility customers. They say they’ll make suggestions if they find shortcomings.

CUB Executive Director David Kolata says in a statement he wants to make sure the purchase doesn’t lead to more frequent rate hikes.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
 

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