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Southern Company, AGL Resources Receive Merger Approval from Virginia Regulators
2016-02-26 11:31:14| Industrial Newsroom - All News for Today
ATLANTA Southern Company (NYSE: SO) and AGL Resources (NYSE: GAS) today received unanimous regulatory approval of the companies' proposed merger from the Virginia State Corporation Commission. AGL Resources is the parent company of Virginia Natural Gas, a regulated utility providing natural gas distribution...
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Weyerhaeuser Completes Merger with Plum Creek
2016-02-26 11:31:14| Industrial Newsroom - All News for Today
FEDERAL WAY, Wash. Weyerhaeuser Company (NYSE: WY) today announced the completion of the merger with Plum Creek Timber Company, Inc. Shareholders of both companies approved the transaction at separate special meetings of shareholders held on Feb. 12, 2016. The combined company retains the Weyerhaeuser name and...
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Airbus CEO against Honeywell's merger with United Technologies
2016-02-25 01:59:26| Paper - Topix.net
Airbus Group SE Chief Executive Tom Enders said in statement on Wednesday that he did not see how a combination of Honeywell International Inc and United Technologies Inc would be in his company's interests. Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group's annual results, in London, Britain February 24, 2016.
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Airbus CEO against Honeywell's merger with United Technologies
2016-02-25 01:17:28| Industrial Machines - Topix.net
Chief Executive Tom Enders said in statement on Wednesday that he did not see how a combination of Honeywell International Inc "I am under the impression that the leadership of UTC shares my assessment," Enders said in the emailed statement. Airbus is one of the biggest customers of both Honeywell and UTC.
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South Africa mulls state-owned airlines merger, seek minority equity partner
2016-02-24 14:17:09| Airlines - Topix.net
Feb 24 South Africa will explore merging two of its state-owned airlines, South African Airways and SA Express, and seek a minority equity partner for the company, Finance Minister Pravin Gordhan said on Wednesday. Many of South Africa's 300-odd state entities are a drain on the government's purse and a team commissioned by President Jacob Zuma to review the companies recommended that some companies should be sold.
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