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The Company is an holding energy company that manages a competitive and regulated energy businesses in Texas. It operates principally through its TXU Energy Company, TXU Electric Delivery and TXU DevCo subsidiaries.
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ssnaples1 (< 20) Submitted: 3/13/07 9:52 AM : Start Price: $62.25 TXU.DL Score: 0.26
They have very high debt before the proposed take over. The buyout will take on even more debt. And that is without TXU wanting to build more $$$ plants. Yes, probably been overcharging customers, but there is a 10% price drop in the works. And more customers are finding out how much higher their rates are than competitors.
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