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DUKE-PROGRESS MERGER CREATES LONG-TERM BENEFITS, SHORT-TERM RISKS

Fierce Energy : Monday, July 23, 2012

A Target Rock Advisors analysis of the Duke-Progress merger and its effect on the sustainability of the new company (Duke Energy) contends that Duke Energy has the potential to create substantial long-term economic, environmental and social value for shareholders and the community as a whole. However, recent and much publicized events that have already tarnished Duke's image raise important questions, could increase regulatory risk, and make for a difficult post-merger integration, reducing or delaying the near- and medium-term benefits creating near-term risks.


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