Unitil Corporation /
Bangor Natural Gas Company
Unitil to buy Bangor Natural Gas Company from PHC Utilities, Inc.
What happened
Unitil Corporation agreed to acquire all outstanding shares of Bangor Natural Gas Company from PHC Utilities, Inc. The purchase price is $70.9 million in cash, subject to adjustments.
The transaction is expected to close by the end of the first quarter of 2025.
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Unitil to buy Bangor Natural Gas Company from PHC Utilities, Inc.
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