09:52 AM EST - TC Energy Corporation. : Has made a non-binding offer to acquire all the outstanding common units of the master limited partnership TC PipeLines, LP not beneficially owned by TC Energy or its affiliates in exchange for TC Energy common shares. Under the proposal, TCP common unitholders would receive 0.650 common shares of TC Energy for each issued and outstanding publicly-held TCP common unit, representing an implied value of $27.31 U.S. per common unit based on the closing price of TC Energy common shares on the New York Stock Exchange (NYSE) on October 2. TC Energy Corporation.
shares T.TRP are trading up $0.22 at $56.13.
