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Corning Natural Gas Holding Corporation to be Acquired by Argo Infrastructure Partners, LP for ...
Corning Natural Gas Holding Corp.January 13, 2021 GMT
CORNING, N.Y., Jan. 13, 2021 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporation’s (Corning or the Company) Board of Directors announced they have reached an agreement with an affiliate of Argo Infrastructure Partners, LP (Argo), an independent infrastructure investment manager, in an acquisition worth approximately $150 million. Argo has agreed to acquire all the shares outstanding of Corning common stock (OTCQX: CNIG) for $24.75/share.