Utility sale debate runs on multiple fronts

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Private talks among various parties and pro and con advertising preceded this week’s deliberations by Maine regulators on the proposed sale of Verizon to Fairpoint Communications.  

The $2.7 billion deal includes all of Verizon’s landline telephones in Maine, New Hampshire and Vermont.

Reports say the parties associated with the proposed sale met behind closed doors for more than four hours Friday in an attempt to reach a settlement agreement and left without a resolution.

If the companies, labor unions contesting the sale, the Office of Public Advocate and the PUC’s staff reach a compromise, they could bring a stipulation to the commissioners for consideration.

Deliberations by the three-member state panel are scheduled Thursday. Regulators in all three states must approve the deal for it to go through.

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