In the transaction, NiSource will spin off to shareholders Columbia Pipeline Group Inc., which will control CPG OpCo and initially own most of the units, NiSource spokesman Mike Banas said yesterday in a telephone interview. The group will use the MLP ...
Though NiSource Inc., the Merrillville, Ind.-based energy company, has been engaged in informal merger talks with prospective buyers, pricing is getting in the way of finalizing a deal at this point, according to industry sources.
MERRILLVILLE | NiSource Inc. has closed on $3.5 billion in short-term borrowing and filed a registration statement for an eventual public offering in anticipation of its split into two companies next year.
NiSource Inc. could announce a master limited partnership for its Columbia Pipeline Group next week, an analyst says, as the parent company of Columbia Gas of Ohio joins other energy companies in spinning off its midstream division.
Looking at the universe of stocks we cover at Dividend Channel, on 10/29/14, NiSource Inc. (NYSE: NI), STAG Industrial Inc. (NYSE: STAG), and Brown & Brown, Inc. (NYSE: BRO) will all trade ex-dividend for their respective upcoming dividends.