Friday, June 1, 2007

Moody's may cut Consolidated Natural Gas's ratings

(Reuters) - Dominion will assume all obligations related to
Consolidated Gas's debt. The move is targeted for the second or
third quarter of the year.




The merger would most likely result in a one notch
downgrade of Consolidated Gas's ratings to the level of
Dominion's ratings, Moody's said in a release.


Read more at Reuters.com Bonds News

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