Last updated: February 29, 2008 - 5:45pm
NH REGULATORS APPROVE VERIZON-FAIRPOINT DEAL
[SOURCE: Associated Press, AUTHOR: Kathy McCormack]
New Hampshire regulators on Monday approved the sale of Verizon's landline phone and Internet service in northern New England to North Carolina-based FairPoint Communications, saying they believe FairPoint has shown that the proposed deal is for the public good. Maine, Vermont and the Federal Communications Commission have already approved the $2.35 billion deal. The approval is the last major regulatory hurdle for the sale to go through. The companies hope to close the deal by the end of March.