Questar Corp. shareholders approve combination with Dominion

dominion headquarters elp

Shareholders of Questar Corp. voted to approve the company's combination with Dominion Resources during a special meeting of shareholders at Questar's Salt Lake City headquarters.

More than 80 percent of the outstanding shares voted, with 96.6 percent approving the proposed merger.

Questar and Dominion announced the merger on Feb. 1, 2016. On Feb. 23, the Federal Trade Commission granted early termination of the 30-day waiting period under the federal Hart-Scott-Rodino Antitrust Improvements Act.

The only remaining conditions to the merger are approvals by the Public Service Commission of Utah and the Wyoming Public Service Commission. The companies filed for approval with utility regulators in both states on March 3. Subject to obtaining the necessary regulatory approvals, Questar and Dominion expect the transaction to close by the end of 2016.

Questar is a Rockies-based integrated natural gas company, operating through three principal subsidiaries: Questar Gas Co. provides retail natural gas distribution in Utah, Wyoming and Idaho; Wexpro Co. develops and produces natural gas from cost-of-service reserves for Questar Gas customers; and Questar Pipeline Co. operates interstate natural gas pipelines and storage facilities in the western U.S. and provides other energy services.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs