Southern Company to Acquire AGL Resources in $12 Billion Transaction, Creating Leading U.S. Electric and Gas Utility

- Creation of new, U.S.-leading electric and natural gas utility with approximately nine million utility customers in nine states

- AGL Resources shareholders to receive $66 per share, a premium of 36 percent

- Transaction expected to be accretive to Southern Company earnings per share in first year

Aug 24, 2015, 07:30 ET from Southern Company