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Brief — Black Hills, SourceGas
Rapid City, SD-based Black Hills Corp. received early approval from the Federal Trade Commission for its proposed $1.89 billion purchase of SourceGas Holdings LLC‘s natural gas utilities in four states under the Hart-Scott-Rodino review process (see Daily GPI, July 13). The deal is subject to the approval of state commissions. The acquisition is expected to close by mid-2016.
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