Trust deals point to consolidation
Merger ends a 6-month trust-on-trust drought; analyst counting on more share-swap transactions, pending release of tax-change regs
For Petroleum News
Held back for the past six months pending the release of new federal tax rules, the dam is starting to break for Canadian income trusts, setting off a possible flood of mergers and acquisitions.
Although the Canadian government has yet to spell out the details of its plans to start taxing trusts lik....
[additional news subjects in this story]
Tims: wave of consolidations imminent
McDonald: many willing players
Unit holders urged to voice objections
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