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Buckeye Partners (BPL) -4% AH after announcing plans for a public offering of 6M limited...

Buckeye Partners (BPL) -4% AH after announcing plans for a public offering of 6M limited partnership units pursuant to an effective shelf registration statement. BPL intends to use the net proceeds to reduce debt.
Comments (2)
  • thomasj37
    , contributor
    Comments (6) | Send Message
     
    I never like it when my shares are diluted. How about you ?
    24 Jan 2013, 02:53 AM Reply Like
  • kalum
    , contributor
    Comments (12) | Send Message
     
    Proceeds to pay off s.t. debt may be good move in long run
    24 Jan 2013, 02:15 PM Reply Like
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