Companies strike $1.9B Colorado natural gas pipeline deal but investor Icahn says they’re overpaying

A 2,160-mile natural gas pipeline network serving northwest Colorado, Wyoming and Utah is being sold to a Nevada-based utility company in a transaction valued at $1.9 billion, though activist investor Carl Icahn is agitating to stop the deal.

A division of Richmond, Virginia-based Dominion Energy Inc. (NYSE: D) struck a deal to sell its Dominion Energy Questar Pipeline, LLC and storage facilities, and the Overthrust regional pipeline, to Las Vegas-based Southwest Gas Holdings Inc. (NYSE: SWX) for…


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