Mississippi Business Journal » Joseph L. Welch http://msbusiness.com Mississippi Business Journal Tue, 21 May 2013 19:01:33 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Entergy to spin off transmission business to ITC http://msbusiness.com/blog/2011/12/05/entergy-to-spin-off-transmission-business-to-itc/?utm_source=rss&utm_medium=rss&utm_campaign=entergy-to-spin-off-transmission-business-to-itc http://msbusiness.com/blog/2011/12/05/entergy-to-spin-off-transmission-business-to-itc/#comments Mon, 05 Dec 2011 14:38:09 +0000 Associated Press http://msbusiness.com/?p=49301 Utility holding company Entergy Corp. plans to spin off its electric transmission business and merge it into ITC Holdings Corp., which operates power transmission lines in the Midwest. Entergy, based in New Orleans, said Monday that it will receive about $1.78 billion in cash, and its stockholders will receive shares of a new company created [...]

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