Fairpoint Deal Gets Closer to Puc Vote ; Parties in the Maine Case Settle More Issues, Making Regulator Approval of the Verizon Sale More Likely.
Portland Press Herald › December 21, 2007
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Summary
State utility regulators moved a step closer Thursday to voting on the proposed Verizon-FairPoint Communications sale, giving the companies and consumer advocates until 5 p.m. today to file an amended agreement to clarify some technical issues.
If all goes as planned, the Maine Public Utilities Commission will decide Dec. 26 whether to accept the agreement, which could form the framework for a vote next month to approve or reject the sale.See the full content of this document
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Fairpoint Deal Gets Closer to Puc Vote ; Parties in the Maine Case Settle More Issues, Making Regulator Approval of the Verizon Sale More Likely.
In a related matter, the three commissioners brushed aside a challenge to the agreement from organized labor, which wanted an additional legal hearing on specific facts in the settlement.
The commissioners decided there was no legal basis for a so- called evidentiary hearing, which would have...See the full content of this document
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