Stocks in Play

Crescent Point Energy Trust

01:07 PM EST - Crescent Point Energy Trust : has struck a friendly deal to acquire Pilot Energy Ltd. in a $76 million share and debt deal that expands the Calgary company's presence in its core area of southeast Saskatchewan. The companies said Wednesday they had agreed to a share swap deal that will see each Pilot share exchanged for 0.1284 trust units of Crescent Point. The pricetag is about $76 million, made up of 2.9 million Crescent Point trust units and assumption of $11 million of net debt. Crescent Point Energy Trust shares T.CPG.UN are trading up 34 cents at $23.08.