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Southern Union Company was a natural gas utility and energy resources company based in Houston, Texas.In 2012, the company was acquired by Energy Transfer Partners.. The company owned and operated more than 20,000 miles (32,000 km) of gathering and transportation pipelines that transported natural gas from major producing areas to major markets in the Southeast, Midwest, and Great Lakes regions.
Southern Union Company (NYS: SUG) will look to avoid missing estimates this quarter when its earnings are released. The company will unveil its latest earnings on Monday, August 1. Southern Union ...
Utility holding company Laclede Group announced today that it will acquire two of Southern Union's utilities for $1.015 billion in cash and $20 million of assumed debt. Southern Union is owned by ...
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George Lyle Lindemann (March 26, 1936 – June 21, 2018) [3] was an American billionaire [1] businessman known for being the chairman and chief executive officer of Southern Union, a fossil fuel infrastructure and pipeline company.
In 2012, Southern Union, along with Missouri Gas Energy, was sold to Energy Transfer Equity, a diversified natural gas and natural gas liquids pipeline company headquartered in Dallas. In late 2012, Spire, parent company to Laclede Gas in St. Louis, Missouri, announced its intent to purchase MGE and its sister company, New England Gas, from ETE.
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The company traced its roots to Arkansas Western Gas Company, which was established in July 1929 as a subsidiary of Southern Union Gas Company of Dallas. In 1985, the company acquired Mustang Fuel for $200 million in stock. [2] In 2013, the company acquired assets in the Marcellus Shale from Chesapeake Energy for $93 million. [3]