Someone Tried to Buy Inter Pipeline, maybe...Back in August, apparently someone was trying to buy Inter Pipeline . Some speculated Enbridge and the offer was suggested to be in the low 30s.
Maybe this perspective buyer is now setting its sights on ALA. If so, I don't see it going for under 33.00. The Washington Gas dilution financing was all in the 30.00-31.00 range and those shareholders will want to some sugar, especially after feeling the pain over the last year.