What does the future hold for Energy Future Holdings?
Posted Thursday, Oct. 31, 2013
By Jim Fuquay
Energy Future Holdings, the Dallas-based electricity giant that serves most of North Texas, faces a scheduled $270 million debt payment Friday that it can either choose to make or forgo in favor of a bankruptcy filing.
The company, the product of the 2007 buyout of TXU Corp., had nearly $1.6 billion in cash as of June 30 and could make the $270 million interest payment. The Wall Street Journal, citing unnamed sources, reported Thursday that the company plans to make the payment.
For more:
http://www.star-telegram.com/2013/10/31/5293785/what-does-the-future-hold-for.html
