Southern Union Co. http://news.stlpublicradio.org en Laclede Customer Base To Double Under Southern Union Deal http://news.stlpublicradio.org/post/laclede-customer-base-double-under-southern-union-deal <p>St. Louis-based Laclede Group Inc. will buy two of Houston-based Southern Union Co.'s utilities, Missouri Gas Energy and New England Gas Co., for $1.02 billion.</p><p>Energy Transfer Equity's takeover of pipeline operator Southern Union Co closed early this year.</p><p>The deal announced Monday also includes the assumption of about $20 million in debt, so the companies value it at nearly $1.04 billion.</p><p>Laclede, a utility holding company, expects the deal to close next summer, and start to boost earnings a year after that.</p> Mon, 17 Dec 2012 15:54:11 +0000 The Associated Press 7439 at http://news.stlpublicradio.org Laclede Customer Base To Double Under Southern Union Deal