Dominion Resources and Questar announced today that the Wyoming Public Service Commission has approved their merger, subject to terms and conditions of an agreed settlement stipulation. Having received the Wyoming PSC's approval of the merger, the companies plan to complete their combination by close of business on Sept. 16, 2016. The proposed merger would create one of the nation's largest integrated energy companies [...]
Dominion Resources and Questar announced today that the Public Service Commission of Utah has approved their merger, subject to terms and conditions of an agreed settlement stipulation, thereby moving the proposed combination one step closer to finalization. With the PSC of Utah's action, the final regulatory approval needed to complete the merger is pending with the Wyoming Public Service Commission. The proposed merger [...]
Dominion announced today that it has priced its offering of 25 million 2016 Series A equity units. Each 2016 Series A equity unit will be issued in a stated amount of $50 ($1.25 billion aggregate stated amount) and will consist of a contract to purchase common stock in the future, a 1/40 undivided beneficial ownership interest in Dominion's 2016 Series A-1 remarketable subordinated notes due 2021 having a principal amount [...]
Dominion announced today its intention to offer to sell 25 million equity units, subject to market and other conditions. Each equity unit will be issued in a stated amount of $50 and will consist of a contract to purchase common stock in the future and two 1/40 undivided beneficial ownership interests in remarketable subordinated notes each having a principal amount of $1,000. Dominion expects to grant to the underwriters [...]
Shareholders of Questar today voted overwhelmingly to approve the company's combination with Dominion Resources during a special meeting of shareholders at Questar's Salt Lake City headquarters. Over 80 percent of the outstanding shares voted, with 96.6 percent approving the proposed merger. Questar and Dominion announced the merger on Feb. 1, 2016. On Feb. 23, the Federal Trade Commission granted early termination of the [...]
- Craig C. Wagstaff to become president following Dominion-Questar combination - Colleen Larkin Bell to succeed Wagstaff as head of local gas utility - Brady B. Rasmussen to remain head of natural gas development subsidiary - Operating headquarters to remain in Salt Lake City. Dominion has chosen longtime Questar executive Craig C. Wagstaff to lead its western U.S. natural gas operations once the previously announced...
Questar board of directors today announced that Chairman Ronald W. Jibson intends to retire upon the completion of the company’s merger with Dominion. Jibson also serves as president and chief executive officer of the Salt Lake City-based integrated energy company, which announced on Feb. 1, 2016, it is combining with Virginia-based Dominion. Subject to shareholder and regulatory approvals, the transaction is [...]
Dominion Resources and Questar announced today that they have jointly filed merger applications with the Public Service Commission of Utah and the Wyoming Public Service Commission regarding the pending combination that was announced on Feb. 1, 2016. The companies also provided notice of the proposed transaction to the Idaho Public Utilities Commission. The pending merger would create an integrated energy company serving [...]
Dominion Resources and Questar announced today that their proposed combination has cleared a key condition needed for completion. The Federal Trade Commission has granted early termination of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act with regard to the combination. Expiration or termination of the waiting period is one of the conditions required for completion of the [...]
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