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TC Pipelines Says Chancery Right To Ax $446M MLP Deal Suit

By Matt Chiappardi ( August 25, 2016, 3:04 PM EDT) -- TC Pipelines LP's general partner told the Delaware Supreme Court late Wednesday that the Chancery Court correctly axed a unitholder challenge to a $446 million dropdown purchase of a pipeline segment from parent TransCanada Corp., arguing the investors have no case and simply disagree with the transaction value....

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