KeySpan expanded its presence in the Northeast last week with a$2.5 billion acquisition of Weston, MA’s Eastern Enterprises andManchester, NH’s EnergyNorth. Joined with KeySpan’s Brooklyn UnionLDC, the deal creates the largest natural gas distribution companyin the Northeast and fifth largest in the United States, with 2.4million natural gas customers.
Weston
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KeySpan Locks Up Two Northeast Distributors
KeySpan expanded its presence in the Northeast this week, with a$2.5 billion acquisition of Weston, MA’s Eastern Enterprises andManchester, NH’s EnergyNorth. The deal creates the largest naturalgas distribution company in the Northeast and fifth largest in theUnited States, with 2.4 million natural gas customers.
November 10, 2000
KeySpan Continuing Consolidation With Eastern
Once it acquires Eastern Enterprises, KeySpan Corp. will havelanded a big fish with a full belly as the Weston, MA-based holdingcompany is just now about to digest its third LDC acquisition inless than two years. The friendly deal, announced yesterday, hasEastern going for $64/share or about $2.5 billion.
November 8, 1999
KeySpan Continuing Consolidation With Eastern
Once it acquires Eastern Enterprises, KeySpan Corp. will havelanded a big fish with a full belly as the Weston, MA-based companyis just now about to digest its third LDC acquisition in less thantwo years. The friendly deal, announced yesterday, has Easterngoing for $64/share or about $2.5 billion.
November 5, 1999
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