Stock Market Doesn’t Like TC Energy’s 40% Sale of Columbia Pipe

Columbia Gas Transmission pipeline is in the news--all over the place. Yesterday we told you about TC Energy's plan to sell a 40% stake in the Columbia Pipeline (owned by TC) to Global Infrastructure Partners for $3.9 billion (see TC Energy Sells 40% Interest in Columbia Pipeline to Investor GIP). Today's lead story on MDN is about an explosion along the Columbia Pipeline in Virginia (see Columbia Gas Pipeline Near Interstate 81 in Va. Explodes, Big Fire). This post is about investors who are unhappy with TC Energy.

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