• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Elliott Supports Ongoing Board Enhancement at NiSource

    3/16/22 9:00:00 AM ET
    $NI
    Power Generation
    Utilities
    Get the next $NI alert in real time by email

    WEST PALM BEACH, Fla., March 16, 2022 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott") today released the following statement regarding NiSource (NYSE:NI): 

    Building on the leadership and Board changes announced recently, we welcome NiSource's appointment of Bill Johnson to the Company's Board. As a former CEO and utility president of Progress Energy, Tennessee Valley Authority and PG&E, Mr. Johnson brings extensive utility oversight experience, demonstrated industry leadership and an ability to evaluate and complete transformational transactions. In conjunction with the Company's appointment of a new CEO and two new directors, and the new CEO's announced plans to conduct a full review of the business, NiSource should be well positioned to take actions that will create meaningful shareholder value.

    As one of NiSource's largest investors, we look forward to our continued dialogue and engagement with the Company. We expect that the results of the review will achieve the shareholder value creation that we and our fellow NiSource investors have long anticipated.

    About Elliott

    Elliott Investment Management L.P. manages approximately $51.5 billion of assets. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.

    Media Contact:         

    Stephen Spruiell                                                         

    Elliott Investment Management L.P.                                     

    (212) 478-2017                                              

    [email protected]

     

    Cision View original content:https://www.prnewswire.com/news-releases/elliott-supports-ongoing-board-enhancement-at-nisource-301504063.html

    SOURCE Elliott Investment Management L.P.

    Get the next $NI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NI

    DatePrice TargetRatingAnalyst
    9/12/2024$37.00Buy
    BofA Securities
    7/11/2024$33.00Outperform
    Mizuho
    1/22/2024$28.00Overweight
    Barclays
    10/6/2023$25.00Buy
    Ladenburg Thalmann
    6/6/2023$31.00Neutral → Buy
    UBS
    11/9/2022$27.00Neutral → Outperform
    Credit Suisse
    7/27/2022Hold → Buy
    Edward Jones
    4/26/2022$32.00Neutral
    Credit Suisse
    More analyst ratings