ONEOK Announces Plan to Separate its Natural Gas Distribution Business into a New Publicly Traded Company to be Called ONE Gas
July 25, 2013 at 08:09 AM EDT
The board of directors of ONEOK (NYSE: OKE ) unanimously authorized management to pursue a plan to separate the company's natural gas distribution business into a standalone publicly traded company, resulting in two independent, highly focused energy companies. Under the plan, ONEOK shareholders would retain their current shares