TransCanada and Columbia Pipeline Tie the Knot Today

July 1, 2016July 1, 2016

In March MDN reported that Canadian midstream giant TransCanada wants a bigger piece of the Marcellus/Utica pipeline pie and decided to buy Columbia Pipeline Group for $10 billion (see TransCanada Makes Play to Buy Columbia Pipeline for $10B). The deal is now done. As of today, Columbia Pipeline Group's stock is officially de-listed from the New York Stock Exchange and trades no more. Columbia is now a wholly-owned subsidiary of Canadian midstream giant TransCanada...

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