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PanCanadian spinoff rumours help lift CP stocks

Article Abstract:

Calgary, Alb.-based Canadian Pacific Ltd. capitalized on rumors that it may spin off its $5.8 billion stake in Calgary, Alb.-based Pancanadian Petroleum Ltd. The rumors sent Canadian Pacific's stock to $35.90.

Author: Willis, Andrew, Reguly, Eric
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
Diversified Companies, Asset sales & divestitures, Sales, profits & dividends, Finance, Natural gas, Petroleum, Canadian Pacific Ltd., CP, Pancanadian Petroleum Ltd.

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Target rejects Petrocan's bid, seeks white knight

Article Abstract:

Reasons behind the decision of Canada Southern Petroleum Ltd. to decline Petro-Canada Inc.'s hostile bid are presented.

Author: Brethour, Patrick
Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2006
Acquisitions & mergers, Natural gas liquids, Petroleum refining, Oil & Gas Extraction, Oil and Gas Extraction, Company acquisition/merger, Petro-Canada Inc., Canada Southern Petroleum Ltd.

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Subjects list: Canada, Mergers, acquisitions and divestments, Petroleum industry, Gas industry
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