Gabelli Pushing National Fuel Gas Towards Spin

Mario Gabelli’s GAMCO recently unveiled a shareholder proposal that it sent to National Fuel Gas’ (NFG) management for consideration at its 2015 Annual Meeting. The firm wants NFG to hire an investment bank to explore the spinoff of its utility business, leaving the remaining parent company more focused on its E&P and pipeline units. The rationale is that a… Read More »