WASHINGTON (dpa-AFX) - Northeast Utilities (NU) and NSTAR (NST) announced the completion of their merger. The merged entity will continue to be called Northeast Utilities and NSTAR will become a subsidiary of it in Massachusetts.
Further to the merger, Thomas May became President and Chief Executive Officer and Charles Shivery became non-executive chairman of NU board of trustees. The combined company will have dual headquarters in Boston, Massachusetts and Hartford, Connecticut.
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