Document ID: SEC-2006-0027-0001
Agency: sec
Document Type: Notice
Title: Applications, hearings, determinations, etc.: NiSource Inc.
Posted Date: 2006-01-12T05:00Z

[Federal Register: January 12, 2006 (Volume 71, Number 8)]
[Notices]               
[Page 2071-2072]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr12ja06-102]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application of NiSource Inc., To 
Withdraw Its Common Stock, $.01 Par Value, and the Preferred Stock 
Purchase Rights, From Listing and Registration on the Pacific Exchange, 
Inc. File No. 1-09779

January 6, 2006.
    On December 13, 2005, NiSource Inc., a Delaware corporation 
(``Issuer''), filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.01 par value, and the 
preferred stock purchase rights (collectively ``Securities''), from 
listing and registration on the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer approved a 
resolution on October 25, 2005 to withdraw the Securities from PCX and 
the Chicago Stock Exchange, Inc., (``CHX''). The Issuer stated that the 
following reasons factored into the Board's decision to withdraw the 
Securities from PCX and CHX: (i) The costs and administrative burdens 
of complying with both PCX and CHX rules and regulations outweigh the 
utility to the Issuer and its shareholders of having the Securities 
listed on such exchange; and (ii) the Securities are listed on the New 
York Stock Exchange, Inc. (``NYSE'') and will continue to list on NYSE.
    The Issuer stated in its application that it has complied with 
applicable rules of PCX by complying with all applicable laws in the 
State of Delaware, the state in which the Issuer is incorporated, and 
by providing PCX with the required documents governing the withdrawal 
of securities from listing and registration on PCX. The Issuer's 
application relates solely to the withdrawal of the Securities from 
listing on PCX and shall not affect their continued listing on NYSE or 
CHX,\3\ or their obligation to be registered under section 12(b) of the 
Act.\4\
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    \3\ On December 13, 2005, the Issuer filed an application with 
the Commission to withdraw the Securities from listing and 
registration on CHX. Notice of such application will be published 
separately.
    \4\ 15 U.S.C. 781(b).
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    Any interested person may, on or before February 1, 2006, comment 
on the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and

[[Page 2072]]

what terms, if any, should be imposed by the Commission for the 
protection of investors. All comment letters may be submitted by either 
of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-09779 or;

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, 100 F Street, 
NE.,Washington, DC 20549-9303.

All submissions should refer to File Number 1-09779. This file number 
should be included on the subject line if e-mail is used. To help us 
process and review your comments more efficiently, please use only one 
method. The Commission will post all comments on the Commission's 
Internet Web site (http://www.sec.gov/rules/delist.shtml). Comments are 

also available for public inspection and copying in the Commission's 
Public Reference Room. All comments received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Nancy M. Morris,
Secretary.
[FR Doc. E6-214 Filed 1-11-06; 8:45 am]

BILLING CODE 8010-01-P