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Inflation is generally down from 2021, but is still high in too many places, and is expected to persist in 2023. With inflation eroding value for this long, a Government contractor.
El Paso Energy and The Coastal Corp. announced through a jointproxy statement mailed Friday that special meetings of stockholderswill be held May 5 in Houston to vote on the proposed combinationof the two companies. Stockholders of record on March 17 will beeligible to vote. The merger was announced Jan. 18.