At the end of September MDN brought you the news that NiSource, owner of Columbia Gas, will be spinning Columbia off into its own company in 2015 (see NiSource Splits in Two: Columbia Pipeline Will be Separate Company). NiSource the utility will remain focused on being a utility, and Columbia Gas will be spun off into it’s own company called Columbia Pipeline Group (CPG) under a master limited partnership (MLP) structure. It’s an amicable divorce. But you know, when people get divorced, they have to split everything–including the kids. Who gets the kids? NiSource and Columbia issued an announcement today detailing which executives will stay with NiSource, and which will go with Columbia–along with a list of who will sit on which board of directors…
