Monday, June 25, 2007

Babcock revises $2.2 bln NorthWestern bid

(Reuters) - BBI shares rose as much as 3.5 percent on Tuesday,
outperforming a decline in the broader market , with
some traders expecting the modified bid to win the support of
regulators in the western state of Montana, giving the company
a foothold in the U.S. gas and electricity transmission market.




Still, the deal was far from done.


Read more at Reuters.com Business News

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