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Dominion Resources Inc., a Richmond-based energy company, sold two of its natural gas holdings to Equitable Resources, a Pittsburgh natural gas distributor for $970 million. Included in the deal were Dominion Peoples of Pittsburgh and Dominion Hope in Clarksburg, W.Va. (Richmond Times-Dispatch)

General Dynamics Inc. of Falls Church, a defense contractor and technology company, sold its Chicago-based subsidiary, Material Service Corp., to Hanson Aggregates North America, a unit of Hanson PLC of London, for $300 million. MSC mines sand, stone, gravel and other natural materials for the construction industry. (PRNewswire)