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Duke Energy Corp. agreed to acquire Piedmont Natural Gas Co. for $4.9 billion in cash, adding a distributor of cheap shale gas as growth in power demand slows.
The chief executives of Duke Energy and Piedmont Natural Gas will testify as the N.C. Utilities Commission opens a hearing Monday on Duke’s $4.9 billion acquisition of its Charlotte ...
Duke Energy Corp. is acquiring Piedmont Natural Gas for $4.9 billion. The boards of both companies unanimously approved a definitive agreement before the deal was announced this morning.
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