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FirstEnergy asks bankruptcy court for approval to shed liabilities for environmental clean-ups

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Plain Dealer: CLEVELAND, Ohio — FirstEnergy’s share price hit a 52-week high Thursday morning as news of its proposed “definitive settlement” with its bankrupt subsidiary FirstEnergy Solutions spread among investors. The settlement, filed this week in federal bankruptcy court, is FirstEnergy’s latest effort to shed itself of past and future financial responsibilities connected with FES […]

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