Southern Co. buy AGL Resources - WTOC-TV: Savannah, Beaufort, SC, News, Weather & Sports

Southern Co. buy AGL Resources

Southern Co. is buying AGL Resources Inc. for approximately $8 billion, which would create the second-biggest utility company in the U.S. by customer base.

The combined business will include 11 regulated electric and natural gas distribution companies, serving approximately 9 million customers in nine states. Customers will continue to be served by their current gas and electric utility companies.

Read more: http://www.myajc.com/news/business/southern-to-buy-agl-resources/nnP8P/

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