In setting its sights on U.S. soil, Canadian utility Emera Inc. switched up its outside legal advisers this month for its latest sojourn south of the border.
The Halifax, Nova-Scotia based company announced on Sept. 4 its $6.5 billion acquisition of Tampa-based Teco Energy Inc., a deal whose value rises to $10.4 billion when including debt. The electric and gas merger tie-up is expected to close by midyear 2016 and create a combined entity with more than 2.4 million customers.
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