Status: Clearance Acquirer: Fortis, Inc. (Canada) Acquired: ITC Holdings Corp. (U.S.) Value: US$11.3 billion Industry: Energy Fortis announced that on July 8, 2016, the parties received CFIUS clearance with written confirmation from CFIUS that there are no unresolved national security concerns with respect to the transaction and that the action under Section 721 of the … Continue Reading
