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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:41 EDTGAS, NIAGL 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.
News For GAS;NI From The Last 14 Days
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October 14, 2014
09:17 EDTGASTallgrass aims to pursue new natural gas pipeline development
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