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Thursday, June 28, 2012

Malaysia's Petronas to Buy Progress Energy

Paying $20.45, stock closed yesterday at $11.55.

http://business.financialpost.com/2012/06/28/malaysias-petronas-to-buy-progress-energy-in-deal-worth-5-5-billion/?__lsa=19323a9f

There be undervaluation in the Canadian energy sector folks.....

Chart forProgress Energy Resources Corp (PRQ.TO)

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