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Regulators approve disputed $6.2B takeover of Minnesota Power by investment group

Regulators approve disputed .2B takeover of Minnesota Power by investment group

MINNEAPOLIS (AP) — Minnesota regulators voted unanimously Friday to approve an investment group’s takeover of a power company over the objections of the state attorney general, big industrial electricity buyers and consumer advocates. In voting for the takeover of Duluth-based Minnesota, the five members of the Minnesota Public Utilities Commission said they believe the conditions imposed on the deal will …

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