Enbridge Inc T.ENB.PR.N

4 billion dollar bought deal offering

[1condor]

Wow...at 44.70 a share. Its a given the stock will drift down to that level. I havent held ENB in quite some time but would likely dip in at that 44.70 level.

[willyk3]

Thats some haircut!!! Little respect for existing shareholders Whats next...a shave on the dividend?

[MaterialsMan]

Reg: dividend, It seems to be suggested that the new aquisition will probably result in an increase to the dividend. Of course the proof will be in the pudding. I think I read it correctly.

[Retireby90]

That is nothing short of nasty.  They couldn't raise at a better price????

[hawk35]

Well management has shot shareholders in the foot once again.  Long term shareholders will be OK but short to medium term it really sucks.  ENB will likely trade below 44.70 over the size of the acquisiton and debt fears.  Of course shorts will turn into drama queens once again. It really is a good opportunity for those who want an attractive entry point.  Existing

[SargeX]

Hey Hawk I always love your comments and this is another total beaut  with "Where have all the good CEOs gone". I was busy typing up my rant post while you were posting yours but you can sure see that we are in full agreement on how many bad CEOs there now are. Most of them seem to care more about getting bonuses tied to growth than doing a proper job. In the past, I would have