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TransCanada announce BIG DEAL

Posted: Thu Mar 17, 2016 7:53 pm
by dan_s
TransCanada Corp. (NYSE: TRP) plans to acquire Houston-based Columbia Pipeline Group Inc. (NYSE: CPGX) in a deal worth $13 billion, including the assumption of debt. The companies announced the deal on March 17, one week after reports surfaced that they were in talks. The boards of directors of both companies have now unanimously approved the deal.

Read: http://www.bizjournals.com/houston/morn ... j=71519972


IMO we are going to see a lot of M&A activity in the 2nd quarter.