The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Tuesday.** Duke Energy and Progress Energy said they would extend by six months the termination date of their $13.7 billion merger, days after energy regulators snubbed a proposal that sought to allay fears of the combined company's market monopoly.
Progress Energy, Inc. (Progress Energy) is a utility holding company engaged in the regulated electric utility business. Shares of PGN remained unchanged at $54.53. In the past year, the shares have traded as low as $42.05 and as high as $56.39. On average, 1447600 shares of PGN exchange hands on a given day and today's volume is recorded at 924523.
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