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  • September 2013 (Revised March 2014)
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Progress Energy and Duke Energy (A)

By: Guhan Subramanian and Charlotte Krontiris
  • Format:Print
  • | Language:English
  • | Pages:15
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Abstract

Just as Duke Energy and Progress Energy announce their merger—forming the largest utility company in the United States, to be led by the current Progress CEO—a nuclear reactor owned by Progress suffers major damage and must be taken offline. While Progress grapples with the scope of the repairs and an increasingly skeptical insurance provider, the Duke board begins to doubt their choice for the leader of the combined companies.

Keywords

Duke; Progress; Nuclear Energy; Mergers and Acquisitions; Corporate Governance; Energy Sources; Energy Industry; United States

Citation

Subramanian, Guhan, and Charlotte Krontiris. "Progress Energy and Duke Energy (A)." Harvard Business School Case 914-011, September 2013. (Revised March 2014.)
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About The Author

Guhan Subramanian

Negotiation, Organizations & Markets
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Related Work

    • September 2013 (Revised March 2014)
    • Faculty Research

    Progress Energy and Duke Energy (B)

    By: Guhan Subramanian and Charlotte Krontiris
    • September 2013 (Revised March 2014)
    • Faculty Research

    Progress Energy and Duke Energy (A)

    By: Guhan Subramanian and Charlotte Krontiris
Related Work
  • Progress Energy and Duke Energy (B) By: Guhan Subramanian and Charlotte Krontiris
  • Progress Energy and Duke Energy (A) By: Guhan Subramanian and Charlotte Krontiris
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