Utilities Up Amid Deal Activity -- Utilities Roundup
Shares of power-plant operators rose amid deal activity. NextEra Energy agreed to buy a utility and other Florida assets from Southern Co. for $5.1 billion in cash, as the largest utility company by market value continued its expansion. An increase in Treasury rates moderated late Monday, giving the utility sector another lift.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
May 21, 2018 17:07 ET (21:07 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.