Enbridge Shares Tumble on $14B Acquisition of Gas Distribution Companies from Dominion

By Adriano Marchese

Enbridge shares were sharply lower Wednesday morning after the company said it agreed to purchase utilities in the U.S. from Dominion Energy for $14 billion.

At 10:16 a.m. ET, shares were trading 4.9% lower at 45.78 Canadian dollars ($33.56).

Late…