AGL Resources Inc (GAS.N) Key Developments | Reuters.com
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AGL Resources Inc (GAS.N)

GAS.N on New York Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Southern Co, AGL receive merger approval from Illinois regulators
Tuesday, 7 Jun 2016 04:30pm EDT 

Southern Co : Southern Company, AGL Resources receive merger approval from Illinois regulators .Companies expect to complete transaction in second half of 2016.  Full Article

AGL Capital prices public offering of $350 mln of senior notes
Monday, 16 May 2016 07:30am EDT 

Agl Resources : Priced registered public offering of aggregate principal amount of $350 million of senior notes due june 15, 2026 at interest rate of 3.250% .Agl capital corporation prices public offering of $350 million of senior notes.  Full Article

AGL Resources Inc says John Somerhalder II retires as CEO and chairman
Monday, 9 Nov 2015 08:01am EST 

AGL Resources Inc:AGL Resources announces retirement of chairman and CEO john w. somerhalder II.Says andrew w. evans appointed president and CEO.  Full Article

AGL Resources Inc reaches settlement on pipeline replacement program matters
Tuesday, 6 Oct 2015 04:35pm EDT 

AGL Resources Inc:Says that its Atlanta Gas Light (AGL) subsidiary has reached a settlement with the Georgia Public Service Commission (the Commission) related to its Pipeline Replacement Program (PRP) that concluded in December 2013.Settlement resolves all issues related to the previously disclosed February 2015 PRP true-up filing, the August 2014 agreement related to construction issues on one of the capital projects under the program , and various other matters.Under the terms of the settlement, AGL will collect $144 million related to the under-recovered PRP revenue requirement through a monthly surcharge beginning in October 2015 and continuing through 2025.An additional $30 million will be collected through future rate base adjustments beginning no sooner than March 31, 2017.  Full Article

Southern Co to acquire AGL Resources Inc in $12 billion transaction
Monday, 24 Aug 2015 07:30am EDT 

Southern Co:To acquire AGL Resources in $12 billion transaction, creating leading U.S. electric and gas utility.Says AGL Resources shareholders to receive $66 per share.Says transaction expected to be accretive to Southern Company earnings per share in first year.Transaction has an enterprise value of about $12 billion, including a total equity value of about $8 billion.For Southern Co transaction is anticipated to be accretive to EPS in the first full year following the close of the transaction.Says companies expect to complete the transaction in the second half of 2016.Says transaction will accelerate expected long-term EPS growth to 4-5 percent.Committed financing from Citigroup global markets inc. and plans to put long-term financing in place prior to the closing of deal.Says after closing, AGL Resources will continue to maintain its own management team and board of directors.Says AGL Resources will continue to maintain its own corporate headquarters, which for AGL Resources is in Atlanta.  Full Article

AGL Resources Inc board of directors declares quarterly dividend
Wednesday, 29 Jul 2015 09:01am EDT 

AGL Resources Inc:Declared a quarterly dividend rate of $0.51 per share on the company's common stock.Dividend will be paid on Sept. 1 to shareholders of record date as on Aug. 14.  Full Article

AGL Resources Inc reaffirms FY 2015 EPS guidance
Tuesday, 28 Jul 2015 05:00pm EDT 

AGL Resources Inc:Diluted EPS guidance range for FY 2015 affirmed at $2.85 - $3.10 on a consolidated basis and $2.70 - $2.80 excluding wholesale services.FY 2015 EPS of $3.01 - Thomson Reuters I/B/E/S.  Full Article

AGL Resources Inc announces Andrew W. Evans as President and Elizabeth W. Reese as Chief Financial Officer - Form 8-K
Monday, 11 May 2015 04:06pm EDT 

AGL Resources Inc:Appoints Andrew W. Evans to serve as President And Chief Operating Officer and Elizabeth W. Reese as executive vice president and Chief Financial Officer, effective immediately.John W. Somerhalder II will remain chairman and chief executive officer.  Full Article

AGL Resources Inc declares quarterly dividend
Wednesday, 29 Apr 2015 11:30am EDT 

AGL Resources Inc:Declares quarterly dividend of $0.51 per share on common stock.Payable on June 1 to shareholders of record date as on May 15.  Full Article

AGL Resources Inc reaffirmed FY 2015 EPS guidance
Tuesday, 28 Apr 2015 08:01am EDT 

AGL Resources Inc:Reaffirmed its consolidated diluted EPS for FY 2015 to be in the range of $2.85 to $3.10, excluding mark-to-market hedge movements for 2016 and forward positions.Adjusted FY 2015 earnings per share excluding wholesale services are expected to be in the range of $2.70 to $2.80.FY 2015 EPS of $2.92 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Southern Co, AGL receive merger approval from Illinois regulators

* Southern Company, AGL Resources receive merger approval from Illinois regulators