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TransCanada Corp.

09:39 AM EST - TransCanada Corp. : announced it has sold its interest in North Baja Pipeline, LLC to TC Pipelines LP, and amended the Incentive Distribution Rights held by TC PipeLines GP, Inc. The aggregate consideration provided to TransCanada included a combination of cash and common units totaling approximately $395 million. On a per-unit basis, the transaction is expected to be accretive to Partnership cash flows. TransCanada Corp. shares T.TRP are trading even at $31.32.