Thread regarding Enbridge Inc. layoffs

Enbridge mega merger deal all is set up

This is a great article that has all the details on the Enbridge's megamerge, so if anyone is interested in the subject here’s the link. One thing particularly caught my eye:

By simplifying its corporate structure and improving its financial profile, Enbridge will be in an even better position to grow shareholder value in the coming years.

We all know this could be good for shareholders, but we also know what usually stands behind “simplifying”. The only question is when, where and how many job cuts to expect.

https://www.fool.com/investing/2018/09/18/enbridge-inc-seals-deals-to-make-its-megamerger-a.aspx

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| 1621 views | | 2 replies (last September 21, 2018) | Reply
Post ID: @OP+VgAPg4J

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Read it. Relates to rolling up the LLCs sort of like multiple snakes eating each other each starting with the others respective tail

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Post ID: @skg+VgAPg4J

Before I read it - is it talking about a NEW additional merger - or just referencing current failed Spectra debacle

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Post ID: @sxx+VgAPg4J

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