Friday, April 13, 2007

Texas House bill avoids more scrutiny of TXU sale

(Reuters) - The size of the TXU transaction, and rising power prices in the state's five-year-old deregulated market, have raised concern among elected officials in Austin, the state capital, and Washington.

The Texas Senate passed a measure last month giving the state Public Utility Commission authority to approve or reject the TXU transaction.


Read more at Reuters.com Business News

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