Beyond referendum, Vero Beach, Fla., utility sale could require years of legal wrangling

摘要

Should voters in Vero Beach, Fla., approve nthe sale of their city’s electrical utility to nFlorida Power & Light Co. through a March n12 referendum, it will represent one hurdle ncleared in a long line of legal obstacles to nclosing the deal. But bigger challenges may nstand in the way of completing the transac -tion than one simple popular vote.