Dominion Midstream Partners (DM) Tops Q3 EPS by 2c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Dominion Midstream Partners (DM) Tops Q3 EPS by 2c

Dominion Resources (D) to Acquire Questar (STR) in ~$4.4B Deal

February 1, 2016 7:01 AM EST

Dominion Resources, Inc. (NYSE: D) and Questar Corporation (NYSE: STR) today announced an agreement for the companies to combine, in an all-cash transaction in which Dominion has agreed to pay Questar shareholders $25 per share about $4.4 billion and assume Questar's outstanding debt.

The transaction would be accretive to Dominion upon closing expected by year-end 2016 with limited impact on the company's balance sheet. Dominion intends to finance the transaction in a manner that supports the company's existing credit ratings targets, using equity, mandatory convertibles and debt at Dominion, and equity at Dominion... More