AltaGas Ltd T.ALA

Alternate Symbol(s): ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.

TSX:ALA - Post by User

AltaGas Ltd

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Comment by gold_diggers1on Mar 07, 2018 5:40pm

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Post# 27679069

RE:RE:Difference between ALA and ALA.R

rob1237 wrote: They both pay the same dividend. . Ala.r is a recept. If the deal falls thru u get your money back with Ala.r or if the deal goes then your Ala.r shares are converted to Ala shares by the amounted stated in the prospectus.
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with Ala u simply own the shares u buy and get the dividend.

Hope this helps.

If the deal with WGL fails, buying ALA.R ($25) will make money since u will get $31 back per receipt.
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But if the deal closes, then buying one ALA.R ($25) will get one common ALA share later. So, in this case, doesn't it mean it's more expensive to own one ALA share converted by one ALA.R ($25) compared with buying one ALA ($22.90) now?
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GLTA

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