Duke Energy Corp. was willing to buy all the assets of Jacksonville, Florida’s city utilities for “at a value yet to be determined” that would net the city “at least $3 billion,” say recently released documents on the aborted sale.
But Duke (NYSE: DUK) was not the frontrunner in the bidding, according to a report by Jacksonville television station WTLV. Relying on documents from city ethics director Carla Miller that outlined discussions at private meetings in Atlanta with eight bidders…