Thursday, July 5, 2007

UPDATE 1-Dominion extends sale period for its gas utilities

(Reuters) - The companies will attempt to separate the two utilities,
which are now operationally joined, in order to close the sales
at different times, said a Dominion spokesman. Prior to this
agreement, either company could have unilaterally walked away
from the deal after June 30.




The sale of Dominion's Pennsylvania and West Virginia
natural gas utilities to Equitable Resources faces regulatory
hurdles.


Read more at Reuters.com Mergers News

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