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Dominion Energy is Buying Scana Corp in a $14.6 Billion Deal

Business Insider

Reuters/Gary Cameron

  • Dominion Energy will buy Scana Corp for $14.6 billion, including debt, in an all-stock deal.
  • Scana shareholders will receive 0.6690 Dominion shares for each share held.
  • The deal represents a 42.4% premium to Scana's closing price on Tuesday.

(Reuters) - Dominion Energy Inc said on Wednesday it would buy troubled utility Scana Corp in an all-stock deal worth about $14.6 billion, including debt.

Mentions: Shareholders