Tuesday, April 10, 2007

Potential bid for TXU wires unit disclosed

(Reuters) - Paul Hudson, chairman of the Texas Public Utility Commission , disclosed the existence of a thwarted bid for some TXU assets at a legislative hearing in Austin, citing two meetings and a phone call with officials from Sharyland Utilities, owner of an electric transmission company in South Texas.

Sharyland is one of many Hunt family companies.


Read more at Reuters.com Business News

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