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Stock Market & Financial Investment News

News Breaks
December 11, 2012
06:16 EDTSESpectra Energy acquires Express-Platte Pipeline System for $1.49B
Spectra Energy announced it has entered into a definitive agreement to purchase 100% of the ownership interests in the Express-Platte Pipeline System from Borealis Infrastructure, the Ontario Teachers' Pension Plan and Kinder Morgan Energy Partners for $1.49B, consisting of $1.25B cash and $240M of acquired debt.
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April 15, 2014
09:18 EDTSESpectra Energy elects CEO Gregory Ebel as chair of the board of directors
Spectra Energy announced that the board of directors has elected Gregory L. Ebel to serve as chair of the board of directors. Ebel, who has been president and CEO since January 2009, replaces William T. Esrey who is retiring after serving as chair for the past five years. The company also announced that F. Anthony Comper has been elected as independent lead director. Comper, originally elected to the board in 2007, is the former chair and retired president and CEO of BMO Financial Group and will serve as a member of Spectra Energy's corporate governance and audit committees. Both of these appointments will be effective immediately.

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