TransCanada announced that Columbia Pipeline Group (CPG) shareholders have voted in favour of adoption of the merger agreement at a price of US$25.50/share for an aggregate purchase price of ~$13 bn. This milestone marks the final hurdle for the proposed acquisition to close, as the Hart-Scott-Rodino waiting period was terminated early on May 17, 2016 and the transaction was given clearance by the Committee on Foreign Investment in the US (CFIUS) on May 16, 2016. TransCanada and CPG still expect ....
