(Reuters) - A lower court judge last month dismissed the FTC's lawsuit
to block Equitable's proposal to buy Pennsylvania-based Peoples
Natural Gas Co., also known as Dominion Peoples, in a deal
valued at $970 million.
U.S. District Judge Arthur Schwab had found that the
antitrust lawsuit filed by the FTC in March was superseded by
the Pennsylvania Public Utility Commission, which approved the
deal in April after concluding it would be in the public
interest.
Read more at Reuters.com Government Filings News
to block Equitable's proposal to buy Pennsylvania-based Peoples
Natural Gas Co., also known as Dominion Peoples, in a deal
valued at $970 million.
U.S. District Judge Arthur Schwab had found that the
antitrust lawsuit filed by the FTC in March was superseded by
the Pennsylvania Public Utility Commission, which approved the
deal in April after concluding it would be in the public
interest.
Read more at Reuters.com Government Filings News
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