Southern Company to Acquire AGL Resources
Troutman Sanders is advising Southern Company in its $12 billion acquisition of AGL Resources that was announced on Monday, August 24. The transaction will create what Southern Company has described as a new "U.S.-leading electric and natural gas utility with approximately nine million utility customers in nine states."
Troutman Sanders is advising Southern Company on due diligence, regulatory, tax, corporate disclosure and finance matters relating to the transaction.
The Troutman Sanders team assisting Southern Company includes partners Kevin Greene, Eric Koontz, Roger Reigner, Bob Edwards, Brandon Marzo and Frank Schiller, along with associates Allison Will and Melissa Oellerich.
For more information on the deal, see www.southerncompany.com.