Report: Duke Energy said to be a takeover target

CHARLOTTE, N.C. —

A Charlotte-based corporate giant that’s been involved in multiple major deals and partnerships in recent years is now itself a takeover target, according to an exclusive report from The Wall Street Journal.

[ALSO READ: NC regulators approve temporary rate increase for Duke Energy Carolinas]

Duke Energy Corp. rebuffed a recent offer from NextEra Energy Inc. — but the parent company of Florida Power & Light Co. is still interested in pursuing a deal, the newspaper reports.

Duke is among the region’s largest employers and most prominent corporate players.

Read more here.

Duke Energy looking to raise rates to recover cost of closing coal ash basins

Cox Media Group