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Early today a PRNewswire story said Dominion Resources, Inc. and Consolidated Natural Gas Company today announced they are merging to form the nation's fourth largest electric and natural gas utility, serving nearly 4 million retail customers in five states. Market capitalization of the combined entity will exceed $25 billion -- consisting of approximately $14.5 billion in equity, $9.5 billion in debt and minority interests, and $1.1 billion in preferred stock.

To see the press release go to:

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