Credit Suisse Weighs In on TransCanada (TRP) Amid Activist Rumors
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TransCanada Corp. (TRP) Issues Commentary Following Recent Market Chatter
September 19, 2014 8:32 AM EDTTransCanada Corp. (NYSE: TRP) released the following statement in acknowledgement of significant trading activity in TransCanada's common shares.
Statement:
"TransCanada firmly believes its current corporate form, asset base and financial strength provide critical underpinning to execute the company's industry-leading $38 billion capital program which... More
Third Point Acquired Stake in TransCanada Corp. (TRP) - Reuters
September 18, 2014 3:15 PM EDTDan Loeb's Third Point acquired stake in TransCanada Corp. (NYSE: TRP), said Reuters, citing a source. Loeb and several hedge funds are reviewing the company as a potential breakup candidate.
... MoreUPDATE: Hedge Funds Targeting TransCanada (TRP) for Breakup, Says Reuters
September 18, 2014 1:54 PM EDT(Updated - September 18, 2014 2:28 PM EDT)
TransCanada (NYSE: TRP) is being targeted by several activist hedge funds, according to Reuters, citing sources. The hedge funds are reviewing the company as a potential breakup candidate. Talks are at an early stage, the report said.
... More