EFH Defends $275M Breakup Fee In $18B NextEra Deal

By Matt Chiappardi ( September 15, 2016, 7:46 PM EDT) -- Energy Future Holdings Corp. late Wednesday defended the $275 million termination fee baked into its proposed $18 billion sale deal with NextEra Energy that has taken flak from some creditors, arguing the objectors are "cherry picking" the issue without regard to the larger benefits for the case....

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