Fine Print in Sempra’s Energy Deal Bears a Close Examination<br />LAUREN SILVA LAUGHLIN<br />Sempra Energy’s $9.45 billion deal to buy Energy Future Holdings<br />and its 80 percent stake in Oncor, a Texas electricity provider, bears a close read of the fine print.<br />The deal came together in the wee hours Sunday night, just before Energy Future’s bankruptcy<br />judge was to decide Monday whether he would approve a lower offer from Berkshire.<br />Its bid bests Warren E. Buffett’s Berkshire Hathaway energy division for the bankrupt utility and gives hedge fund Elliott Management a sweeter deal.
