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Teekay (TK) says it's selling 13 of its 17 directly owned conventional tankers to its subsidiary...
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Monday, April 16, 2012, 7:14 PM ETTeekay (TK) says it's selling 13 of its 17 directly owned conventional tankers to its subsidiary Teekay Tankers (TNK) for $455M in an all stock-and-debt deal. The sale will allow Teekay to invest in new areas. TK +0.2%, TNK +2.2% AH.
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