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Pembina Pipeline Corporation Message Board

  • blackoutbuzz blackoutbuzz Dec 20, 2012 9:03 PM Flag

    Pace Oil announces merger

    For those who have Pace shares from the Provident Energy spinoff there's new out today... Pace is merging with two other small cap oil firms. PACEF shareholders get 1.3 shares of the merged entity named Spyglass for each PACEF share. The ex-CEO and COO of Provident will run the merged business, and the company will pay a monthly dividend of 0.03/share (DRIP will likely be implemented).

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