DTE Energy Spinning Off Pipeline Business into New Company

Last October MDN told you that DTE Energy, a long-time pipeline builder and operator in the Marcellus/Utica region, was considering either selling or spinning off its pipeline business (see DTE Energy Explores Sale or Spin-Off of Pipeline Business). DTE, based in Detroit, is both a utility company and a midstream/pipeline company. The company's season of pondering is over and the decision has been made. DTE will spin out the pipeline business into a new/separate company.

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