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2021 Schedule K-3 tax information now available for former unitholders of TC PipeLines, LP
HOUSTON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Former unitholders of TC PipeLines, LP (TC PipeLines or TCP) who held an interest during 2021 may now access their 2021 Schedule K-3 tax information (including certain international tax information) online at www.taxpackagesupport.com/tcpipelines . On March 3, 2021, TC Energy Corporation (TC Energy) acquired all of the outstanding publicly-held common units of TC PipeLines and it became an indirect, wholly-owned subsidiary of TC Energy. While TCP is...
TC PipeLines, LP and TC Energy complete merger
CALGARY, Alberta, March 03, 2021 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy), and TC PipeLines, LP (NYSE:TCP) (TCP) today announced that they have completed the previously announced merger (the Merger) pursuant to an Agreement and Plan of Merger dated December 14, 2020. The Merger resulted in TC Energy acquiring all of the outstanding publicly-held common units of TCP and TCP becoming an indirect, wholly owned subsidiary of TC Energy. “We are pleased to have receive...
TC PipeLines, LP and TC Energy announce unitholder approval and effective date of merger
CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) and TC PipeLines, LP (NYSE:TCP) (TCP) announced that at the special meeting of TCP common unitholders held earlier today, TCP unitholders voted to approve the previously announced merger of TCP and a wholly owned subsidiary of TC Energy, pursuant to the Agreement and Plan of Merger dated December 14, 2020 (the “Merger Agreement”), between TCP, TC Energy and certain other related parties...
TC PipeLines, LP announces 2020 fourth quarter and year-end financial results
HOUSTON, Feb. 24, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today reported fourth quarter 2020 net income attributable to controlling interests of $74 million and distributable cash flow of $76 million for the three months ended December 31, 2020. For the year ended December 31, 2020, net income attributable to controlling interests was $284 million and distributable cash flow was $255 million. “The Partnership’s diversified portfolio of regulated, long-term...
TC PipeLines recommends unitholders vote “FOR” the merger with TC Energy
Exchange Ratio represents a 20.8% premium to TC PipeLines’ closing unit price on October 2, 2020 HOUSTON, Feb. 22, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership or TC PipeLines) today reiterated its support of the pending merger with TC Energy Corporation (TSX, NYSE: TRP) (TC Energy). In reaffirming its support of the pending merger, the Partnership notes that: TC PipeLines unitholders will benefit from a more stable, diversified and attractive value creation...
Independent Proxy Advisory Firms ISS and Glass Lewis Recommend TC PipeLines, LP Unitholders Vote “FOR” Proposed Merger with TC Energy
HOUSTON, Feb. 19, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis) have both now recommended that TCP’s unitholders vote “FOR” the approval of the merger agreement with TC Energy Corporation (TSX, NYSE: TRP) (TC Energy). Commenting on the reports, the Partnership issued the following statement: “We are pleased that both ISS and Glass Lewis...
TC PipeLines, LP to release 2020 fourth quarter and year-end financial results on February 24
HOUSTON, Feb. 10, 2021 (GLOBE NEWSWIRE) -- News Release – TC PipeLines, LP (NYSE: TCP) (the Partnership) will release its 2020 fourth quarter and year-end financial results on Wednesday, February 24, 2021 pre-market. Due to the pending proposed merger with TC Energy, the Partnership will not host a conference call in conjunction with its 2020 fourth quarter and year-end earnings release. Interested parties are also invited to access the Partnership’s Annual Report on Form 10-K for the year...
TC PipeLines, LP Announces Record Date and Meeting Date for Special Meeting of Unitholders and Mailing of Proxy Statement
HOUSTON, Jan. 26, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE:TCP) (“TC PipeLines” or the “Partnership”) today announced that it has established a record date of January 15, 2021 and a meeting date of February 26, 2021, for a special meeting of its common unitholders to be held at 10:00 a.m. Central Time. In light of the COVID-19 pandemic and to support the well-being of the Partnership’s common unitholders, the special meeting will be held in a virtual meeting format only via live webcas...
TC PipeLines, LP announces fourth quarter 2020 cash distribution
HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (the Partnership) today announced that the board of directors of TC PipeLines GP, Inc., its general partner, declared the Partnership’s fourth quarter 2020 cash distribution of $0.65 per common unit. The distribution is unchanged from the distribution declared for the three preceding quarters of 2020. This cash distribution is the 87 th consecutive quarterly distribution paid by the Partnership and is payable on February...
TC PipeLines, LP announces definitive agreement for TC Energy to acquire all its outstanding common units
0.70 Share-for-Unit Exchange Ratio HOUSTON, Dec. 15, 2020 (GLOBE NEWSWIRE) -- TC PipeLines, LP (NYSE: TCP) (TCP or the Partnership) today announced it has entered into a definitive agreement and plan of merger pursuant to which TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will acquire all the outstanding common units of TCP not beneficially owned by TC Energy or its affiliates in exchange for TC Energy common shares. Pursuant to the agreement, TCP common unitholders would receive 0.70...