NEE formerly Florida Power and Light would love to swoop up Teco and add them to their grid. Plus Teco has been agressive in adding natural gas pipelines throughout Florida and the south. LOVE Teco. NEE loves it too. Buy and hold onto this yielder.
nice to see stock up 9 cents on the day it goes ex dividend for 22 cents.Lakeland Electric is for sale by the city. Is TECO interested in that as an acquisition?
Apparently so, old article from April 2012http://www.theledger.com/article/20120405/NEWS/120409607?p=1&tc=pg