(Reuters) - The assets include its Northern Indiana Public Service Co.
electricity distribution, transmission and generation
operations, which serve about 450,000 customers and posted 2006
revenues of $1.3 billion.
"Although it was clear from very advanced stages of
discussions that the overall financial value to NiSource from a
potential transaction could fall within an acceptable range,
NiSource concluded that no transaction adequately met all the
requirements to proceed," the company said in a statement.
Read more at Reuters.com Mergers News
electricity distribution, transmission and generation
operations, which serve about 450,000 customers and posted 2006
revenues of $1.3 billion.
"Although it was clear from very advanced stages of
discussions that the overall financial value to NiSource from a
potential transaction could fall within an acceptable range,
NiSource concluded that no transaction adequately met all the
requirements to proceed," the company said in a statement.
Read more at Reuters.com Mergers News
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