- The Wall Street Journal•1 hour ago
TransCanada Corp. said it had offered $848 million to buy Columbia Pipeline Partners LP, the master limited partnership affiliate of its newly acquired Columbia Pipeline Group Inc. unit.
- CNBC•7 hours ago
Columbia Pipeline Partners jumped intraday Monday after TransCanada said its unit offered to buy it for $848 million in cash.
- American City Business Journals•7 hours ago
Calgary, Canada-based TransCanada Corp. (TRP) has offered an $848 million deal to buy the master limited partnership of Columbia Pipeline Group Inc., which the company acquired in July. TransCanada offered to pay $15.75 per common unit in cash for all of the 53,843,466 outstanding common units of Houston-based Columbia Pipeline Partners LP (CPPL). The move comes just a few months after TransCanada closed on its $13 billion acquisition of Houston-based Columbia Pipeline Group , which became an indirect, wholly owned subsidiary of TransCanada.
TransCanada Corporation (TRP.TO)
Toronto - Toronto Delayed Price. Currency in CAD
|Day's Range||62.19 - 62.89|
|52wk Range||40.58 - 63.41|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-30.57|
|Avg Vol (3m)||1,705,611|
|Dividend & Yield||2.26 (3.59%)|