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Kinder Morgan Canada Ltd - Ordinary Shares (Restricted Voting) KMLGF

Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia a


OTCPK:KMLGF - Post by User

Comment by NinetyFourOctanon May 29, 2018 1:56pm
122 Views
Post# 28094753

RE:RE:Stock down - Vote it down

RE:RE:Stock down - Vote it downIt would be illegal for Kinder Morgan to stick "KML Canada" with the debt and bleed out the cash to the mother corporation. Clearly the KML Canada Shareholders will vote this deal down. The lawyers are probably gearing up as we speak. As I said the only solution here is for the Canadian Government to put another 2.0 billion on the table as last I checked you can't force someone to give up their shares, this is still illegal. I guess we will see what Kinder Morgan's response will be to all this by Thursday.
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