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How was KeySpan Corporation formed?

Updated: 9/19/2023
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IntnlDirofBizBios

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13y ago

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KeySpan Corporation, the holding company formed by the merger of Brooklyn Union's parent company and Long Island Lighting.

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Q: How was KeySpan Corporation formed?
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Who was Robert B. Catell?

Chairman and chief executive officer, KeySpan Corporation and KeySpan Energy Delivery Corporation


What is the ticker symbol for Keyspan Corporation?

The ticker symbol for Keyspan Corporation is KSE and it is traded on the New York Stock Exchange.


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KeySpan was created in 1998.


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Since 1992 LILCO itself has had NO stock splits. However, in 1998, LILCO and Brooklyn Union were merged to form Keyspan Corporation (KSE). For every share of LILCO, owners received 0.88 shares of Keyspan. In 2007 Keyspan was bought by National Grid and stockholders received cash for their holdings on 10/30/2007. -- a former stockholder


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What was Robert B. Catell's initial goal for KeySpan?

As chairman and CEO of KeySpan, Catell set out to build the business into a leading company in the Northeast


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continued to build KeySpan through acquisitions and partnerships, including acquiring Energy North of New Hampshire and a stake in Houston Exploration. He then took KeySpan into telecommunications by creating a fiber optic network


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What was the ticker symbol for long island lighting company?

Okay, here goes LILCO mergered with Keyspan and was named Marketspan (MN) it later became Keyspan until bought out by National Grid Company...NGC. Keyspan no longer exists.