Lake Street Capital Markets Downgrades PowerSecure (POWR) to Hold
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Southern Company to Acquire PowerSecure International, Inc.
February 24, 2016 4:30 PM ESTATLANTA and WAKE FOREST, N.C., Feb. 24, 2016 /PRNewswire/ --Â Southern Company (NYSE: SO) and PowerSecure International, Inc. (NYSE: POWR) today announced that the boards of directors of both companies have approved a definitive merger agreement through which Southern Company will acquire PowerSecure, with PowerSecure becoming a wholly owned subsidiary of Southern Company.
Southern Company believes that the advancement of distributed infrastructure technologies the very technologies in which PowerSecure specializes through its unique business model... More
