Enerplus-Chord Energy deal receives shareholder and Investment Canada Act approval

The Calgary-based oil and gas company says shareholders voted 99.6 per cent in favour of the stock-and-cash deal.Under the terms of the agreement, Enerplus shareholders will receive 0.10125 shares of Chord common stock and US$1.84 per share in cash for each Enerplus share they hold.

Once the deal is complete, Chord shareholders will own about two-thirds of the combined company, while Enerplus shareholders will own one-third.Enerplus says the deal is expected to close on or about May 31, subject to court approval and the satisfaction or waiver of other customary closing conditions.A dividend stock with a mouth-watering yield providing monthly cash flow streams. The post A 10.6% Dividend Stock That Provides Monthly Cash Payments appeared first on The Motley Fool Canada.

Almost 1.25 million Canadians will have to pay it at least once during their taxpaying lives. And it will likely hit stock prices, tooThese two Canadian stocks are not only undervalued but also have years of growth potential, making them ideal investments for a TFSA. The post Add These 2 Undervalued Stocks to Your TFSA Before Prices Pick Back Up appeared first on The Motley Fool Canada.

There's no shortage of great dividend stocks on the market. These two options can offer decades of income and growth for any portfolio. The post 2 Dividend Stocks to Double Up on Right Now appeared first on The Motley Fool Canada.TORONTO — TD Bank Group's second-quarter profit fell 22 per cent from last year as it booked costs related to a high-profile failure of its U.S. anti-money laundering program.

The individual who holds the top spot in the White House come Jan. 20, 2025, will have the power to enact financial policies that could affect America's retired population. While we don't know who...

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