Stocks in Play

Parkland Income Fund

10:43 AM EST - Parkland Income Fund : plans a distribution hike after striking a $135 million stock-swap deal to acquire privately held Neufeld Petroleum and Propane Ltd. and Neufeld Holdings Ltd. The price to be paid will consist of about 1.6 million limited-partnership units, exchangeable into trust units of Parkland on a one-for-one basis, plus cash or assumed debt. The units will represent about 11.4 percent of Parkland. Parkland Income Fund units T.PKI.UN are trading up $1.10 at $39.25.