Southern Company buys AGL for $12 Billion in a “Clean Power Plan”- influenced Deal
The nation’s third-largest utility company, Southern Company, announced on Monday that it has purchased natural-gas provider AGL Resources for $8 billion as well as assuming $4 billion of debt, adding up to a total purchase price of $12 billion. Many believe that the deal, which offers a premium of $66 per share for AGL stakeholders,