NextEra Energy Inc. recently made a takeover approach to Duke Energy Corp., according to people familiar with the matter, testing the waters for what would be a $60 billion-plus combination of two southern utilities.
Duke rebuffed the approach but NextEra is still interested in pursuing a deal, some of the people said. There is no guarantee NextEra will do so and if it does, that a deal would result.
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I'm confused... is this a good thing? I thought we were breaking up energy companies
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