In rejecting NiSource’s revised tender offer of $6.1 billion($74/share) over the weekend, Columbia Energy Group’s boardannounced that it authorized management to begin considering alloptions, including a sale of all or part of the company to a thirdparty, possibly even NiSource.
Rejects
Articles from Rejects
El Paso Rejects Bids on California Capacity
El Paso Natural Gas President Richard Baish said the pipelinerejected all of the bids for available California-bound capacity onits system during the second open season, which ended yesterday.
October 14, 1999
Texaco Rejects Chevron; Keeps to Solo Path
Thanks, but no thanks. Texaco continues to go it alone after turning down a merger offer from Chevron last week.
June 7, 1999
FERC Rejects Columbia’s Negotiated Terms
FERC last week rejected a proposed service agreement in whichColumbia Gulf Transmission tried to push the envelope too far bynegotiating terms and conditions of service with one of itscustomers, Entergy Louisiana Inc. (ELI)
December 21, 1998
FERC Rejects Trailblazer Settlement Contested by Amoco
Amoco’s objections and its standing as a major customer ofTrailblazer Pipeline have made it impossible for the Federal EnergyRegulatory Commission to approve a settlement on new rates, FERCsaid in dumping the dilemma back in the lap of an administrativelaw judge.
October 19, 1998
FERC Approves Bondad Expansion, Rejects Allocation Plan
FERC’s approval of El Paso’s $3.6 million Bondad Line expansion,which would increase capacity by 117 MMcf/d in October, likely willprovide some relief to Bondad shippers, who have struggled throughmany days of constraints and allocations on the San Juan Basinsystem.
September 3, 1998
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