Southern Company acquiring AGL Resources for $8B, creating 2nd largest US electric and gas utility by customer base
Green Car Congress
AUGUST 24, 2015
Southern Company and AGL Resources announced that the boards of directors of both companies have approved a definitive merger agreement under which AGL Resources will become a new wholly owned subsidiary of Southern Company for about $8 billion. Including debt, the transaction has an enterprise value of approximately $12 billion.
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