AGL Energy Ltd
Company & Industry Overviews
Utilities that use high amounts of coal have gotten a momentary breather, as now they have a little more time to adhere to the Clean Power Plan’s targets.
Shares of Fortis corrected by nearly 10% on February 9, 2016, reacting to analysts’ comments of its ITC Holdings acquisition being overpriced.
Southern is buying AGL Resources for $66 in cash per share. This is a 38% premium to AGL’s closing price on Friday, August 21.