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Strategies & Market Trends : Dividend investing for retirement

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To: E_K_S who wrote (27557)	8/1/2018 9:36:47 AM
From: E_K_S	Read Replies (1) of 34328

Brookfield Infrastructure to buy Enercare in $4.3B deal Brookfield Infrastructure Partners (NYSE: BIP) agrees to acquire Toronto-based residential energy infrastructure provider Enercare ( OTCPK:CSUWF) for C$4.3B, including $1.1B of debt. BIP is offering to buy the company for C$29/share, a 53% premium on Enercare’s C$18.91/share closing price yesterday on the Toronto Stock Exchange. Enercare says it provides water heaters, HVAC rentals and other home energy services to ~1.6M customers annually and has a sub-metering business with 270K contracted services. -------------------------------------------------------- For those dividend investors that followed me on this one in 2011 @ $6.50/share. Was a monthly div payer just got bought out at $22.28/share U.S.. Not bad for a 7 year hold. EKS

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