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SCANA Stock Declines amid Deal Uncertainty

SCANA Stock Declines amid Deal Uncertainty

South Carolina–based SCANA Corporation (SCG) stock fell more than 3.0% on April 19 after its deal with Dominion Energy (D) hit another setback. SCANA has lost more than 45.0% after it abandoned a half-constructed nuclear power project last year. Dominion Energy, the third-largest utility by market capitalization, announced its agreement to buy SCANA for $7.9 billion early this year.