Deck:
Will a back-to-basics strategy meet investor expectations?
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Frontlines
Will a back-to-basics strategy meet investor expectations?
It's an issue that is coming to the fore with greater force-the debate over how utilities should honor their obligation to stockholders. But this time there seems to be quite a difference of opinion over strategy-or so we found in our annual finance issue.
Read any one of this issue's articles on mergers and acquisitions (M&A), and you'll see financial experts and consultants making a compelling case why utilities need to consolidate. Then read our annual Q&A forum with four prominent utility CFOs (see p. 38) and you'll see that they argue for greater self-reliance and self-restraint.
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