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Southern buying AGL Resources for about $7.93 billion

ATLANTA (AP) -- Southern Co. is buying AGL Resources Inc. for approximately $7.93 billion, which would create the second-biggest utility company in the U.S. by customer base.

The combined business will include 11 regulated electric and natural gas distribution companies, serving approximately 9 million customers in nine states. Customers will continue to be served by their current gas...


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