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May 22, 2022

Company Briefs

Duke Energy Buying Piedmont Natural Gas for $4.9 Billion

Oct 26, 2015
Company News
Duke Energy announced Monday that it will be buying distributor Piedmont Natural Gas, following a trend of energy companies taking advantage of stable, low natural gas prices to invest in infrastructure. Duke said it offered $60/share, a premium of about 42% compared to Piedmont’s closing price Friday. Piedmont shares had...

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