CONSOL Buys Dominion Assets for $3.48 billion
03/15/2010
The deal, expected to close on April 30, will give CONSOL nearly 1.5 million oil and gas acres and 9,000 wells from Dominion.
Dominion anticipates after-tax proceeds of between $2.2 million and $2.4 million. After the announcement, CONSOL's shares fell nearly 6 percent in pre-market trade, while Dominion's rose 2 percent.
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