These kinds of rumors are not surprising given the number of large utility mergers announced lately.

There's a large number of acquisitions of companies or mergers [happening], with most generated from [pharmaceutical] companies.

Mergers that are announced in January typically get started the prior September.

The increase of delinquencies is not surprising. We have been expecting an up-tick in delinquencies due to a number of factors.

Not yet. We do see some, but we haven't lately.

does not comment on rumors.