MDU Resources Group, Inc. (MDU) said Monday that it has completed its acquisition of Cascade Natural Gas Corp. Cascade is now a subsidiary of MDU Resources.Under the terms of the deal, which was originally announced in July 2006, Cascade shareholders will receive $26.50 per share. Including assumption of Cascade's debt, the deal is valued at about $475 million.Cascade was founded in 1953 and employs nearly 380 people.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.