Seeking Alpha

Spectra Energy Partners (SEP +1.8%) moves higher after agreeing to acquire a 38.76% interest in...

Spectra Energy Partners (SEP +1.8%) moves higher after agreeing to acquire a 38.76% interest in Maritimes & Northeast Pipeline from Spectra Energy (SE +0.6%) in a $375M deal. M&N owns a 338-mile mainline interstate natural gas transportation system in the northeast U.S., with a delivery capability of ~0.8B cf/day.
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