Dominion Resources (D) Tops Q3 EPS by 7c
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Dominion Midstream Partners (DM) Announces 12M LP Units Offering
October 31, 2016 6:15 AM EDTDominion Midstream Partners, LP (NYSE: DM), a Delaware limited partnership and a subsidiary of Dominion Resources, Inc. (NYSE: D), announced that it has commenced a public offering of 12,000,000 limited partnership units representing limited partner interests (common units) pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC). Dominion Midstream expects to grant the underwriters an option to purchase up to 1,800,000 additional common units (the option). Dominion Midstream intends to use the net proceeds from this offering, including any net proceeds... More
Dominion Midstream Partners (DM) to Acquire Questar Pipeline in ~$1.73B Deal
October 31, 2016 6:09 AM EDTDominion Midstream Partners, LP (NYSE: DM) and Dominion Resources, Inc. (NYSE: D) announced an agreement in which Dominion Midstream will acquire Questar Pipeline, LLC, from Dominion for consideration of approximately $1.725 billion, including indebtedness of Questar Pipeline as part of the transaction value. The acquisition has an anticipated effective date of Dec. 1, 2016. The board of directors of Dominion and the board of directors and Conflicts Committee of Dominion Midstream GP, LLC, the general partner of Dominion Midstream, have approved the transaction.
Dominion Midstream intends to finance the acquisition through the following... More
