NEW YORK (AP) — Two administrative judges have expressed concerns about Fortis Inc.'s planned $1.5 billion takeover of the CH Energy Group, which supplies electricity and gas to New York's Hudson River Valley.
Judges Rafael Epstein and David Prestemon said in an advisory opinion Friday that the loss of local ownership of the New York utility might lead to "unquantifiable" detriments for customers.
Fortis is based in Canada. CH Energy is the parent of the Central Hudson Gas & Electric Corp., which has a long history in the region.
Some New York politicians, unions and residents have objected loudly to the proposed merger, which has yet to be approved by state utility regulators.
The judges stopped short of saying the merger should be rejected.
A message left at Fortis headquarters Saturday wasn't immediately returned.
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Late Saturday night into early Sunday morning, a light band of freezing drizzle traversed the I-35 corridor eastward. With sub-freezing temperatures, even the light precipitation created major problems.
APD is responding to a 25 vehicle accident near the 5400 block of Ed Bluestein near Thurgood Ave.
A man is dead after being hit by several vehicles in the eastbound lane of Highway 71 Saturday night.
A representative at the Fayette County Sheriff's office said that Fayette County is effectively shut down due to icy conditions.
The Austin City Council is set to vote Thursday on design changes for the Auditorium Shores Dog Park.
Bryce Petty threw touchdown passes on the first two drives of the second half for No. 9 Baylor and the Bears won their first Big 12 title and a Fiesta Bowl berth with a 30-10 victory over No. 23 Texas on Saturday.