DALLAS, Oct. 2, 2017 /PRNewswire/ -- Alerian
announced today that Veresen Inc (TSX: VSN) will be removed from
the Alerian Energy Infrastructure Index (AMEI) in a special
rebalancing after market close today.
Special rebalancings are triggered by corporate actions such as
mergers, bankruptcies, and liquidations. VSN will cease to trade
due to its merger with Pembina Pipeline (TSX: PPL, NYSE: PBA).
The index will be rebalanced in accordance with its existing
methodology. Constituent additions to and deletions from the index
do not reflect an opinion by Alerian on the investment merits of
the respective securities.
About Alerian
Alerian equips investors to make
informed decisions about Master Limited Partnerships (MLPs) and
energy infrastructure. Its benchmarks, including the flagship
Alerian MLP Index (AMZ), are widely used by industry executives,
investment professionals, research analysts, and national media to
analyze relative performance. As of September 30, 2017, over $16 billion is directly tied to the Alerian Index
Series through exchange-traded funds and notes, separately managed
accounts, and structured products. For more information, including
index values and constituents, research content, and announcements
regarding rebalancings, please visit alerian.com.
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SOURCE Alerian