[Old_Mil]

The only time you have any say so is if you own stock in the company.

Actually, there's one time you have more say so than when you own stock in a company: when you are the customer. If the PG&E board wishes to sell the company to the Chinese, that is their choice. If customers choose not to do business with them because of it, that is the customer's choice.

Unlike ports and defense contractors, it would not appear as if there were any national security issues involved in the sale of a power company to a nuclear-capable nation.

[njwoman]

Actually, there's one time you have more say so than when you own stock in a company: when you are the customer. If the PG&E board wishes to sell the company to the Chinese, that is their choice. If customers choose not to do business with them because of it, that is the customer's choice.

The competitiveness of the power market and the available choices to the customers are driven primarily by the region in the electricity market and existing over- or under capacity for electricity generation. A similar recent transaction was announced few days ago. Australia's Babcock and Brown Infrastructure proposed a $2.2 billion buyout of NorthWestern Energy, based in South Dakota. The Public Utilities Commission of South Dakota is decelerating the transaction requesting more information on the international company in order to ensure that ratepayers' interests are protected under the new international company.