Atmos Energy 2000 Annual Report Download - page 20

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16
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tmos’ track record of growth through
acquisitions continued in 2000.
The geographic, economic and
regulatory diversity created through acquisitions
is a strength that sets Atmos apart from other
natural gas utilities. Following the closing of the
LGS acquisition,Atmos will be the fifth largest
pure natural gas utility in the U.S. with 1.4
million customers.
Associated Natural
Gas-Missouri
In October 1999, Atmos announced that
it would
acquire from Southwestern Energy its
Associated Natural Gas’ Missouri natural gas
distribution
properties, at a cost per customer
of $667. The transaction closed on June 1, adding
48,000 customers in Missouri
and significantly
increasing Atmos’ presence in the state.
Growing Through Acquisitions
A
ASSOCIATED NATURAL GAS