InterNorth will divest four natural gas pipelines.
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The Omaha-based natural gas company agreed to divest the four Texas pipelines to settle antitrust questions raised by the Federal Trade Commission over the company’s $2.3-billion acquisition of Houston Natural Gas. InterNorth also agreed to dissolve a joint venture with Valero Transmission, a San Antonio-based natural gas company. InterNorth has a year to dispose of the pipelines.
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