(PR-inside.com) OMAHA, NEBRASKA -- (Marketwire) -- 04/26/11 -- TC PipeLines, LP (NASDAQ: TCLP) (the Partnership) today announced it has entered into agreements to acquire a 25 percent interest in both Gas Transmission Northwest LLC (GTN) and Bison Pipeline LLC (Bison) from TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) for an aggregate purchase price of $605 million, which includes $81 million or 25 percent of GTN's debt. The acquisition is expected to be immediately accretive to Partnership cash flows and earnings."This acquisition represents a significant expansion of our natural gas pipeline business," said Steve Becker, president of TC PipeLines GP, Inc. ..
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