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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
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Comment by riverrockon Nov 17, 2010 11:11pm
456 Views
Post# 17722281

RE: RE: RE: Guesses...

RE: RE: RE: Guesses...
Victory has 3x as many shares as PCY and a Victory share sells for about 8% of a PCY share.

Victory's percentage holding in PCY are about the same but based on Victory's approximate 390 million shares.

I think we'd be in worst shape in a merger, as PCY has -lots on the table. Such a merger would probably do more harm than good too both companies.

If PCY has the clout and believes in Minago, she might help us get the funding worked out, while she would benefit with her share holding in Victory.

Victory has the goods, but need some help.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities