SJI - South Jersey Industries gains as N.J. regulator pushes out schedule on settlement talks
- South Jersey Industries ( NYSE: SJI ) ticked up 1.1% as the New Jersey utilities regulator pushed out some dates for a procedural schedule due to settlement talks over the company's sale to Infrastructure Investments Fund.
- The New Jersey Board of Public Utilities pushed out rate counsel/intervenor testimony about 20 days until Nov. 20 from an original schedule of Oct. 20 to allow for further "settlement negotiations," according to a filing with the regulator.
- Infrastructure Investments Fund agrees to acquire South Jersey Industries ( SJI ) for $36/share in cash in February.
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South Jersey Industries gains as N.J. regulator pushes out schedule on settlement talks