This week's merger between Northeast Utilities and NStar has led to the replacement of outside auditors PricewaterhouseCoopers with Deloitte & Touche -- both of which have Hartford accounting operations, a regulatory filing shows.
NU -- the name for the surviving entity that is now the largest utility operator in New England -- didn't specify in its 8-K filing with the Securities and Exchange Commission the reasons Pwc was fired, except to note that it wasn't tied to any disagreements between the parties over NU's audited financials.
Deloitte had been NU's auditor, while Pwc had been assigned to NStar, NU spokesman Al Lara said.
Companies typically only need one auditor.
For the time being, NU maintains dual headquarters in Hartford and Boston, Lara said.