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The Public Service Commission of the District of Columbia has given a conditional approval to AltaGas Ltd.'s settlement agreement on $4.5 billion acquisition of WGL Holdings Inc.
The commission, in an oral decision, said it has attached a few additional conditions to the settlement agreement that are related to the post-merger financial stability of the utilities.
The final decision has not been issued but the DC PSC said that AltaGas and WGL have five days to agree...