AGL Resources (NYSE:GAS) voted Nov. 19 to approve the proposed merger with Southern Company (NYSE:SO), announced on August 24, 2015. Additionally, AGL Resources shareholders approved the proposed executive compensation that may be paid or may become payable to the Company’s named executive officers in connection with or following the consummation of the merger.
The merger remains subject to federal and state regulatory approvals, and the transaction is expected to close in the second half of 2016.
With more than 4.5 million customers and approximately 46,000 megawatts of generating capacity, Atlanta-based Southern Company (NYSE:SO) is the premier energy company serving the Southeast through its subsidiaries.
AGL Resources (NYSE:GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services and midstream operations.