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Dominion Resources Acquires Questar Corp. in Deal Worth Billions

Dominion Resources, Inc. Questar Corp
AnnouncedFeb 2, 2016
TypeCorporate
Announced Date
February 02,2016
Close Date
September 16,2016
Transaction Type
Corporate




Snapshot
Location
Region
North America

Country
United States


Transaction Details:  Subscribe to see

Closing Announcement - September 16, 2016

Dominion Resources, Inc. and Questar Corporation have completed their proposed merger, forming one of the nation's largest combined electric and natural gas energy companies.

February 1, 2016

Dominion Resources, Inc. and Questar Corporation 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…

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