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Enbridge Energy Partners (EEP) -4.1% AH after saying it launched a public offering of 14M common...

Enbridge Energy Partners (EEP) -4.1% AH after saying it launched a public offering of 14M common units and expects to grant the underwriters a 30-day option to purchase up to an additional 2.1M units. EEP expects to use the net proceeds to fund a portion of its capital expansion projects and/or for general partnership purposes.
Comments (1)
  • After getting killed by TGP's announcement, I'm wondering if I should start taking profits on my Long positions and wait on the sidelines for re-entry after everyone gets done with their surprise "funding" moves!
    6 Sep 2012, 08:56 AM Reply Like
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