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UGI (UGI) Surges 12% on KKR's $9 Billion Takeover Bid
UGI Corporation (UGI) shares rose 12% after a report indicated that KKR made a $9 billion takeover offer. Trading in UGI was briefly halted due to volatility during midday trading. UGI serves approximately 700,000 customers in Pennsylvania. This surge in stock price reflects significant investor interest and speculation regarding the future of UGI under potential new ownership.
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