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TransCanada's Columbia Pipeline Acquisition Should Help Drive Multiple Expansion

2016-04-06 03:37:00| Oil & Gas - Topix.net

Last Thursday, TransCanada Corp. set a new national record for Canada when it announced the completion of its $3.4 billion bought-deal offering of 96,000,000 subscription receipts, including the over-allotment option. The deal was heavily oversubscribed, as investors stepped up to the plate - even U.S. investors who historically haven't been big fans of TransCanada.

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