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Monday, May 27, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

HOUSTON — Directors are selling Spectra Energy too cheaply through an unfair process to nonparty Enbridge Inc., in an all-stock 1 for 0.984 share swap, valuing Spectra shares at $40.33, with a termination fee of $1 billion, shareholders claim in Federal Court.

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