Pending acquisition will result in combined assets of $22 billion
(EDITOR'S NOTE: Canadian dollars unless otherwise noted.)

AltaGas Ltd. (ticker: ALA) today reported that normalized EBITDA in the first quarter of 2017 increased $50 million to $228 million, compared to the same quarter in 2016. Normalized funds from operations were $170 million ($1.01 per share) for the first quarter of 2017, compared to $132 million ($0.90 per share) in the same period of 2016.

On a U.S. GAAP basis, net income applicable to common shares for the first qu...

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