Fitch: No Surprises in Illinois' Approval of the WEC-Integrys Merger

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NEW YORK--(BUSINESS WIRE)--The merger concessions imposed by the Illinois Commerce Commission (ICC) in its approval of Wisconsin Energy Corp.'s (WEC) acquisition of Integrys Energy Group, Inc. (Integrys) are neutral to WEC's pro forma credit profile, and are reflected in our existing 'BBB+' long-term Issuer Default Rating. With both the Illinois and Minnesota approvals now in hand, WEC expects to close the merger in the next few days. The concessions are consistent with the 'no harm' standard a

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