- Gas Natural (NYSEMKT:EGAS +2.4%) says it rejected three "unsolicited and inadequate" proposals made by Algonquin Power & Utilities (AQUNF) during 2014 to acquire all outstanding shares for $10, $12 and finally for $13.
- Shares had spiked into the close Friday after a WSJ report broke the offers and are continuing higher in today's trade.