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Dynegy sells pipeline that it recently won. (News).(Brief Article)
HOUSTON, TX--Dynegy Inc. is selling a natural gas pipeline, which it grabbed from Enron Corp. just months ago, to MidAmerican Energy Holdings Co. for $928 million in cash, according to an Associated Press story.
The company had been trying to sell at least part of the pipeline to raise $2 billion to improve its liquidity position.
Des Moines, IA-based MidAmerican Energy will acquire all of the common and preferred stock of Northern Natural Gas and will assume ...
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