TransCanada To Sell 25% Interest in GTN and Bison

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Description: "The proceeds from the sale . . . will be used to help fund TransCanada's capital program," says Russ Girling, President and Chief Executive Officer of TransCanada. "Once the transaction is complete, TransCanada will hold a 75% ownership interest in both pipelines and will continue to manage and operate these high-quality assets as part of its integrated North American natural gas transmission network."
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