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AltaGas Income Trust Q1 2010 Earnings Call TranscriptMay. 2, 2010 • 1 Comment
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ATGFF vs. ETF Alternatives
Friday, Sep 132013, 9:37 AM
Friday, Sep 132013, 9:37 AM| Comment!
- AltaGas (ATGFF.PK) agrees to buy a 25% stake in privately-held Petrogas Energy in a cash and stock deal valued at ~$100M, which it says will bolster its access to North American markets.
- AltaGas will initially exchange ~2.8M shares and an unspecified amount of cash for a 25% stake in Petrogas, with an option to buy an additional 25% this year.
- Petrogas has a logistics network consisting of more than 1,500 rail cars and 24 rail and truck terminals in the U.S. and Canada.
Monday, Mar 252013, 9:28 AM