- The shareholders of Progress Energy Ltd. (TSX:PGX) and Cequel Energy Inc. (TSX:CQL) have approved a plan of arrangement whereby the two companies will combine their producing assets into an income trust called Progress Energy Trust. Progress Energy Trust will be added to the S&P/TSX Capped Income Trust and the S&P/TSX Capped Energy Trust Indices. Progress Energy Ltd. and Cequel Energy Inc. will be removed from the S&P/TSX Composite, the S&P/TSX Capped Composite, the S&P/TSX SmallCap and the S&P/TSX Capped Energy Indices.
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