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INVESTOR CLINIC : The Enbridge deal: Hold, or take the money and run?

Sep 22, 2018 - The Globe and Mail (Canada)

I've done well on Enbridge Income Fund Holdings Inc. (ENF) with a gain of about 30 per cent, not including distributions. With the recent news about Enbridge Inc. (ENB) bringing subsidiaries in-house, I'm wondering if it makes sense to sell ENF and lock in my gain now or should I hang on and take ENB shares and the extra cash incentive?

First, a quick recap: Under the $4.7-billion deal announced this week, ENB (I'll use stock symbols to keep things simple) agreed to buy all of the outstand...