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COPYRIGHT 2001 The Miami Herald
Mar. 20--Raising the possibility that their proposed merger is in trouble, FPL Group and Entergy Corp. said Monday they will meet soon to discuss "certain issues that have arisen" related to FPL's planned buyout.
The transaction, which was valued at $13.9 billion when it was announced July 31, was billed as a merger of equals and would create the largest utility company in the United States with 6.3 million customers.
In a short statement, the two companies said they planned to discuss issues related to governance structure, value and the future integration of FPL, Florida's largest power utility, with Entergy, a New Orleans company that distributes electricity in Arkansas, Louisiana, Mississippi and...
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