Spectra Energy Partners, LP Unitholder Consent Solicitation Period to Expire on December 12, 2018
SPECTRA ENERGY PARTNERS (SEP)
Last spectra energy partners earnings: 11/1 04:15 pm
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US:NYSE Investor Relations:
spectraenergypartners.com/investors
Company Research
Source: PR Newswire
HOUSTON, TX, Dec. 6, 2018 /PRNewswire/ - Spectra Energy Partners, LP (NYSE: SEP) (SEP) today announced that the period for unitholders of SEP to return their written consents with respect to the merger (the Merger) of SEP and a wholly owned subsidiary of Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge) will expire on December 12, 2018.The Merger will be effected pursuant to an Agreement and Plan of Merger dated as of August 24, 2018 (the Merger Agreement) and will result in Enbridge (through a wholly owned subsidiary) acquiring all of the outstanding public common units of SEP and SEP becoming an indirect, wholly owned subsidiary of Enbridge. Pursuant to the Merger Agreement, at the closing, each public common unit of SEP will be exchanged for 1.111 common shares of Enbridge.The Board of Directors of the general partner of SEP recommends that SEP unitholders approve the Merger and the Merger Agreement. In addition, Institutional Shareholder Services Inc. (ISS), a leading independent pr
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