Maine decision on Verizon-FairPoint sale bid may come next week

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The Maine Public Utilities Commission could decide next week on whether to approve the sale of Verizon’s wired phone network to FairPoint Communications.

The Public Utilities Commission denied a request yesterday for an evidentiary hearing sought by labor unions on a partial settlement reached by the two companies, state consumer advocates and other parties in the case.

The commission also asked the parties to quickly clear up a number of questions they have with the proposed settlement.

The commission decided to meet Dec. 26th, when they could make a final decision on the case.

To go forward, the deal must be approved by utility regulators in Maine, New Hampshire and Vermont.

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