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'Third time lucky': Acquisitive Pembina finally gets Inter Pipeline, topping Brookfield's hostile bid

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CALGARY After previous failed attempts, Pembina Pipeline Corp. has a deal in place to buy rival Inter Pipeline Ltd. that tops a hostile bid from Brookfield Infrastructure Partners.
“I’ve been thinking about this for 10 years. This is my third try,” Pembina president and CEO Mick Dilger said on a Tuesday conference call announcing the all-share deal, which values Calgary-based Inter Pipeline’s equity at $8.3 billion. Dilger said he last attempted to buy Inter Pipeline roughly eight years ago but wasn’t successful. This attempt, he said, is “third time lucky.”
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Why More Upside Could Be on the Horizon for Inter Pipeline Shareholders

Here's why Inter Pipeline (TSX:IPL) looks like an undervalued option right now for long-term investors to consider. ....

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