(Reuters) - NEW YORK, July 5 - Power company Dominion
Resources Inc. said on Thursday it extended the period to
sell two natural gas utilities to Equitable Resources Inc.
to give the companies time to resolve regulatory
issues.
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.
Read more at Reuters.com Bonds News
Resources Inc. said on Thursday it extended the period to
sell two natural gas utilities to Equitable Resources Inc.
to give the companies time to resolve regulatory
issues.
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.
Read more at Reuters.com Bonds News
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