|
Dominion Resources Acts to Revive CNG Bid
|
Dominion Resources Inc. tried to salvage its bid to acquire
Pittsburgh-based Consolidated Natural Gas Co. yesterday in the face
of a higher offer from another company by urging shareholders to
forgo short-term gains in favor of a plan that Dominion said would
enrich them in the long run.
Over the weekend, another Virginia-based energy company, Columbia
Energy Group, offered $9 billion in stock, cash and assumed debt for
CNG, topping Dominion's bid by more than 20 percent.
In a statement released late yesterday, Dominion Chairman Thomas
E. Capps defended his company's bid as a better overall ...
Related newspaper, magazine, and trade journal articles from HighBeam Research
(Including press releases, facts, information, and biographies)
|
Dominion says storm spared natural gas operations.
Newspaper article from: Day (New London, CT)
; ...Thursday that its natural gas operations in the...Hurricane Katrina. Dominion officials said...over the weekend, Dominion's natural gas production in that...the total extent. Dominion didn't provide...the damage to its natural gas operations. Because of damage to ...
|
|
Dominion buys Dreyfus Natural Gas: ; Acquisition raises Dominion's reserves by 60 percent
Newspaper article from: Charleston Daily Mail
; ...Corp. will increase Dominion's natural gas reserves by 60 percent...the energy business." Dominion acquired Consolidated Natural Gas Co. last year in a...merged into Consolidated Natural Gas Co., Dominion said. Dominion operates...
|
|
Dominion increases its natural gas rates: N.E. Ohio customers to pay more in May.
Newspaper article from: Akron Beacon Journal (Akron, OH)
; ...paying more for Dominion East Ohio natural gas in May under...increase in natural gas, said Jeff Murphy...regulatory affairs at Dominion. The two energy...potential effect on natural gas sites in the...said. By law, Dominion cannot make...
|
|
Dominion Resources' Subsidiary Sells Natural Gas Reserves to Goldman Sachs.
Newspaper article from: Knight Ridder/Tribune Business News
; ...customers and investors. Dominion sells natural gas through a subsidiary in...Sachs deal comes from 1,600 Dominion natural gas wells in Pennsylvania, West...100 feet of either oil or natural gas. Dominion's Devil's Tower project...
|
|
To the victor will go the spoils in battle for natural gas company: Different positives would be result of merger
Newspaper article from: Charleston Daily Mail
; As Dominion Resources and...Consolidated Natural Gas Co., it is clear...player in the natural gas business and allow Dominion to tout itself...Last Thursday, Dominion said it and...agreed to develop natural gas-fired power...
|
|
Richmond, Va.-Based Utility Increases Natural Gas Holdings.
Newspaper article from: Knight Ridder/Tribune Business News
; ...News Sep. 11--Dominion is increasing its bet on the natural gas business in a...will increase Dominion's natural gas reserves by more...legally merged into Dominion's Consolidated Natural Gas Co. subsidiary. Dominion said it expects...
|
|
$40.6M natural gas pipeline planned in region
Newspaper article from: Tribune-Review/Pittsburgh Tribune-Review
; ...retail markets. Dominion's Rural Valley...million cubic feet of natural gas daily from the...to market," said Dominion spokesman Robert Fulton. The five natural gas producing companies...Kittanning-based independent natural gas producer/marketer...Brothers Inc., and ...
|
|
Consolidated Natural Gas Accepts Merger Offer from Dominion Resources.
Newspaper article from: Knight Ridder/Tribune Business News
; ...to sell. Dominion plans on...to CNG's natural gas customers...to CNG's natural gas customers. Dominion also has...to build natural-gas fired electricity...combining the two natural gas companies, Dominion says the...
|
|
TAKEOVER TALK SWIRLS AROUND VIRGINIA POWER, VIRGINIA NATURAL GAS DOMINION SEES GROWTH AS KEY TO SURVIVAL.(FRONT)
Newspaper article from: The Virginian Pilot
; ...PARKER, STAFF WRITER Dominion Resources Inc...buy Consolidated Natural Gas, the parent company of Virginia Natural Gas, say sources within...in its pocket, Dominion would have a foot...department met with Dominion officials last...deal, the Virginia Natural Gas ...
|
|
Dominion to Buy Natural Gas Firm
Newspaper article from: The Washington Post
; ...Resources Corp., a Denver natural gas producer. Dominion, which had $5.4 billion...Pittsburgh-based Consolidated Natural Gas Co. in 1999. Dominion said it also will...markets. According to Dominion's forecast, the demand for natural gas as a power-plant...
|
For more facts and information,
see all results
Find more facts and information related to the article "Dominion Resources Acts to Revive CNG Bid"