Dominion Energy surges as NextEra acquires company in $66.8B mega deal

Shares of Dominion Energy surged in trading on Monday after utility giant NextEra Energy announced plans to acquire the company in a $66.8 billion deal that would create the largest electric utility operator in the United States. Dominion shares (D) rose about 10% following the announcement, while NextEra Energy stock slipped more than 3.6% as investors weighed the scale of the transaction and the integration challenges ahead.