TransCanada targeted by activist U.S. hedge funds

CBC – Canada, which has seen a fair share of U.S. activist investors cross the border in the last years, may soon have more of them knocking on its door.

Calgary-based TransCanada Corp is emerging as a possible target, with several U.S. activist hedge funds reviewing the nearly $38-billion pipeline operator as a break-up candidate, people close to the matter said.

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