Missouri Gas Energy Acquired by St. Louis Utility

December 20, 2012

The Laclede Group has reached an agreement to purchase Missouri Gas Energy for just over $1 billion.

The Laclede Group, which owns the natural gas utility, reached an agreement with Southern Union, the parent company of Missouri Gas, and also includes the sale of Southern's New England Gas Co.

The natural gas utility serves nearly 600,000 customers in Kansas City and western Missouri.

Source: Kansas City Star

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