Thursday, January 4, 2018

Dominion Energy to buy Scana, assume failed nuclear project costs

Dominion Energy to buy Scana, assume failed nuclear project costs: Dominion Energy Inc (D.N) said on Wednesday it would buy Scana Corp (SCG.N) in an all-stock deal worth about $7.9 billion, offering the utility a way to appease customers and investors angered by the cost of a failed nuclear project.

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