Maryland backs Washington Gas-AltaGas deal

The proposed $6.4 billion purchase of D.C.-based WGL Holdings Inc. (NYSE: WGL), the parent company of Washington Gas, by AltaGas Ltd. reached a key arrangement in the state of Maryland on Monday. The two companies signed a settlement agreement with the Maryland Energy Administration, Montgomery and Prince George's counties and local unions ahead of a review by Maryland's Public Service Commission. (Wash. Bus. Journal)

Read Full Article