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FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Information Session for Prospective Bidders on Wednesday, May 7, 2025

1. CRA International will conduct an auction for FirstEnergy's Ohio subsidiaries. 2. The auction is scheduled for June 24, 2025, impacting CRAI's consulting contracts.

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Why Bullish?

CRA's involvement in the auction indicates demand for consulting services, likely increasing revenue. Historical data shows similar auctions have boosted stock performance in service-oriented firms.

How important is it?

This auction is significant as it represents a key opportunity for CRAI's growth and competitiveness in consulting.

Why Long Term?

The outcomes of the auction may influence CRAI's revenue and market positioning for several years, similar to past long-term contracts enhancing firm stability.

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FE
BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Ohio subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for June 24, 2025. The bidding proc.

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