Energy Income Partners, LLC Comments on TC PipeLines, LP Supplemental Disclosures to the Merger Proxy Statement/Prospectus, Maintains Its Intent to Vote Against Proposed Merger with TC Energy Corporation
WESTPORT, Conn., Feb. 23, 2021 /PRNewswire/ -- Today, Energy Income Partners ("EIP") sent a supplemental letter to the Board of Directors of the general partner of TC PipeLines, LP (NYSE: TCP) supporting its objections to and its intent to vote AGAINST the proposal to approve and adopt the Merger Agreement with TC Energy Corporation (NYSE: TRP). EIP is the largest non–affiliated unitholder of TCP, owning more than 10% of the units outstanding and has maintained a position in the company for nearly 15 years.
A copy of EIP's letter is below. A full copy of EIP's initial letter sent to the Board on last Friday, including supporting analysis of its objections is available on EIP's website, www.
