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EQT Corp. To Net $720M In Sale Of Utility Arm To Peoples

By Matt Fair (December 20, 2012, 6:51 PM EST) -- EQT Corp. announced Thursday it was selling its subsidiary natural gas utility, Equitable Gas Co. LLC, to rival Peoples Natural Gas for $720 million in cash plus approximately 200 miles worth of transmission pipelines used to transport gas extracted from Pennsylvania's Marcellus Shale....

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