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Dominion Energy Closes Pipeline Sale at Center of Icahn-Southwest Fight

  • Dominion, Southwest closed sale of Questar for $1.975 billion
  • Icahn has stake in Southwest and criticizes its executives

Dominion Energy Inc. closed the sale of Questar Pipelines to Southwest Gas Holdings Inc., a deal that spurred criticism and a takeover attempt from activist investor Carl Icahn.

Southwest bought Questar and its transportation and storage assets in Utah, Wyoming and Colorado in a transaction valued at $1.975 billion including $430 million of debt, according to a statement Friday.