Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash
Piedmont shareholders receive $60 cash for each share of common stock, 40% premium over Oct. 23 closing price Duke Energy, the largest US electrical utility, announced Monday it is acquiring Piedmont Natural Gas for approximately $4.9 billion in cash. The boards of directors of both companies have unanimously approved the deal. “We look forward to welcoming Piedmont’s employees […]
Duke Energy to acquire Piedmont Natural Gas for $4.9 billion in cash Read More »