NiSource Inc T.NI

Primary Symbol: NI

Utilities Utilities - Diversified

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.

NYSE:NI - Post by User

NiSource Inc

Bullboard Posts

Comment by Aubaggeron Jun 29, 2009 11:07am

189 Views

Post# 16105574

Rights Offering - Question

Here is an excerpt from the news release: "...Shareholders who exercise all of their Rights will also be entitled toacquire additional shares pursuant to an additional subscriptionprivilege to be provided for under the Offering, the terms of which aredescribed in the Circular..."

Now, the circular is yet to reach me and my question is, what does it mean? Is it the half-warrants or something extra?

Regards,

Aubagger

Bullboard Posts

Nextech CEO provides company update on Amazon deal and more