Phillips 66 (PSX) · slide 70

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Authority citation slide · 70%

quote: “At NiSource we had deliberations on whether it was time to spin off the Columbia Pipeline assets rather than keep those in the company because it was a different business.

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breakup-spinoff 90%

Nominee's track record of spinning off assets to create value

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Includes a testimonial/quote from the nominee regarding his past experience with spin-offs.