Democratic presidential candidate Barack Obama stopped in Durham for a private meeting at the N.C. Mutual building on June 14 before heading to a $1,000-a-head fundraiser at the Chapel Hill home of Steven Lerner and Sharon Van Horn.
501(c)(3) nonprofit organizations are prohibited from political campaigning, but 501(c)(4) social-welfare organizations can engage in electioneering. "It's all a big joke. Everybody's winking about this."
Three investment firms agreed that the two companies operating as one would save little in operating costs. But the firms also foresaw the merged company would be "well-positioned to pursue nuclear investment opportunities in the Carolinas."