TransCanada in talks to buy Columbia Pipeline Group: source

The deal could be announced in coming weeks and could be valued at well over $10 billion, the Wall Street Journal, which first reported the news, cited sources as saying. Columbia Pipeline Group had a market value of about $8 billion as of Wednesday's close and long-term debt of $2.75 billion as of Dec. 31. Details of the possible deal, including the role of Columbia Pipeline Partners LP , could not be learned, the Journal said.