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News Brief

June 17, 2011MARYVILLE, MO |  By: Wayman

Gas Company Sale

North Missouri customers of Missouri Gas Energy could soon be paying their bills to someone else.

The parent company of MGE has reached a deal to merge with Energy Transfer Equity in a deal worth nearly 8 billion dollars. The two companies announced their merger agreement yesterday. There's no word on regulatory timeline for the merger, or how the new company's formation might effect local residential gas customers of MGE.