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News Breaks | | | | January 31, 2013 | | 16:41 EDT |  | GAS, NI | AGL Resources acquires NiSource's retail services business
AGL Resources (GAS) announced that it has acquired certain assets from NiSource (NI) retail services business, which provides warranty protection solutions and energy efficiency leasing solutions for residential and small business utility customers. AGL Resources' acquisition of these assets, including approximately 500,000 existing customer plans, will expand its footprint to offer products such as appliance repair and line protection plans to customers in Indiana, Massachusetts, Ohio, Pennsylvania, and Kentucky. AGL Resources expects the transaction to be accretive to 2013 diluted earnings per share. Proceeds from the sale of $120M, plus working capital and less customary transaction and closing costs, will be used to support NiSource's core infrastructure investment business strategy. | |
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News For GAS;NI From The Last 14 Days Check below for free stories on GAS;NI the last two weeks. |
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| May 20, 2013 | | 07:40 EDT |  | GAS | AGL Resources downgraded to Hold from Buy at Argus
 Subscribe for More Information | | | May 14, 2013 | | 14:36 EDT | | NI | NiSource increases quarterly dividend 4.2%
Subscribe for More Information | | | 08:41 EDT |  | GAS | AGL Resources files $20M mixed securities shelf
Subscribe for More Information | | | May 9, 2013 | | 07:35 EDT |  | GAS | Platts to host a conference
Subscribe for More Information | | | May 6, 2013 | | 07:28 EDT | | GAS | Barclays to host events at AGA
Barclays Events at the AGA Financial Forum are being held in Naples, Florida on May 5-7. | |
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