SJI - South Jersey Industries pares loss amid filing utility agenda listing

• South Jersey Industries ( NYSE: SJI ) pared an earlier loss after a filing indicated that a participant didn't have any objection to a settlement agreement the New Jersey regulator came to with Infrastructure Investments Fund in regard to its planned acquisition.
• Public Service Electric & Gas company said in a filing that it has no objection to the stipulation of settlement executed by the parties, according to a filing on the New Jersey regulator's docket.
• The New Jersey Board of Public Utilities also listed the South Jersey/Infrastructure Investments deal on the agenda for a vote at its meeting on Wednesday.
• The update comes after the New Jersey utility regulator earlier this month said that it will vote on the sale at its next board meeting if a unanimous "stipulation" resolving all the issues in the matter is filed.
• IIF agreed to acquire South Jersey Industries ( SJI ) for $36/share in cash in February.

For further details see: