SCEcorp, stymied in its recent $2.16-billion bid...
SCEcorp, stymied in its recent $2.16-billion bid to merge with San Diego Gas & Electric, has asked a Superior Court judge to force SDG&E; to turn over its shareholder lists. SCE, the Rosemead-based parent company of Southern California Edison, hopes to “communicate directly with their shareholders,” according to SCE spokesman Lewis Phelps. In a related development, SDG&E; asked the state Public Utilities Commission to rule that SCE illegally acquired 1,100 shares of SDG&E; stock in recent weeks. SDG&E;’s complaint argued that California law prohibits utilities from acquiring stock in another regulated utility.
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