Officials examine options to restructure LIPA

Officials say one option is to sell the

Officials say one option is to sell the grid to a private company, according to Newsday. (December 13, 2012 7:48 AM)

State officials are examining how they could restructure LIPA in the wake of the historic outages following Hurricane Sandy.

Officials tell Newsday one option is to sell the grid to a private company. An administration source in Gov. Cuomo's office says that the global investment bank Lazard is researching the possibilities.  ...

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