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Fly News Breaks for February 2, 2016
D
Feb 2, 2016 | 07:50 EDT
After Dominion agreed to buy Questar which holds gas assets, Bernstein says the deal will be 1.8%-3.6% accretive to Dominion's 2017 EPS. The firm adds that the deal will enable Dominion to grow its gas utility rate base by 46% and its gas pipeline rate base by 23%, causing its rate base growth to accelerate. The firm keeps a Market Perform rating on Dominion.
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