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Tag Archives: regulatory

Still no new filings in Entergy-ITC merger

JACKSON — Almost a month after Entergy Corp. and ITC Holdings Corp. withdrew their merger application in Texas, they haven’t refiled. Since then, Louisiana, Arkansas and Mississippi have delayed consideration of the merger. “We’re wanting to see where Texas goes on this,” said Eric Skrmetta, chairman of the Louisiana Public Service Commission. Observers say the delays almost certainly mean the ...

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Senators back bill aimed at EPA's guidance policy

WASHINGTON — U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) have renewed their fight to halt the Environmental Protection Agency from using regulatory guidance to expand the scope of the Clean Water Act. Cochran and Wicker are cosponsoring the Preserve the Waters of the U.S. Act (S.1006), which would prevent the EPA and U.S. Army Corps of Engineers from ...

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Trustmark gets approval to acquire Alabama bank

JACKSON — Trustmark Corporation and Mobile, Ala.-based BancTrust Financial Group Inc. has received full regulatory approval in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is expected to be effective as of the close of business Feb. 15. “We look forward to welcoming customers and associates of ...

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Entergy files application with FERC for spin-off/merger

NEW ORLEANS — ITC Holdings Corp. and Entergy Corporation have filed a joint application with the Federal Energy Regulatory Commission (FERC) seeking approval for Entergy’s utility operating companies to spin off and merge their electric transmission businesses into a subsidiary of ITC. Upon closing of the transaction, ITC will become one of the largest electric transmission companies in the U.S., ...

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