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Fly News Breaks for June 30, 2015
NI
Jun 30, 2015 | 09:07 EDT
As noted earlier, Argus downgraded NiSource (NI) to Sell from Hold. The firm believes that NiSource will be worth $21 per share after its spinoff, while the shares now reflect a value of $29 per share. The firm thinks that, after the separation, Columbia Pipeline will be more attractive than NiSource.
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