In another move related to the Columbia acquisition, TransCanada said it would purchase all shares outstanding of master limited partnership Columbia Pipeline Partners LLC for $915 million, or $17 a unit. In September, the Canadian company offered $848 million, or $15.75 a unit, for that affiliate. "TransCanada Swings to Loss, Sells Assets to Finance Pipeline Deal," at 7:12 p.m. EDT, misstated the month in the 10th paragraph. (Nov. 1, 2016)
(END) Dow Jones Newswires
November 01, 2016 20:09 ET (00:09 GMT)
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