Enbridge completed its merger with Spectra Physics on 11/21/16 for Enbridge stock.

The SEC filing for this merger was found through the SEC EDGAR web site. We used the information in the F-4A filing of 2016-11-14.

This is a standard merger. The information below is based on the information available from the F-4A filed with the SEC. Price information is from websites offering historical prices.

The Merger Entry

Go to Transactions > Merger or Accounting > Securities > Record merger of securities depending on the version of the software being used. If you are unfamiliar with merger transactions you can get help at this URL: https://www.iclub.com/support/kb/default.asp?page=normal_merger

Here is the information you need to complete the merger.

Date: 2/27/2017

Old Security or Merging Company: Spectra Physics (SE)

Price per share of old Security / SE:  40.68

Cash received:  See your broker statement for cash-in-lieu

New Security: Enbridge (ENB)

Shares received : .984  x (# of SE shares owned)

            (Remember to include fractional shares.)

For example, if you owned 100 SE shares, you should receive .984 x 100 = 98.4 ENB shares.

Price per Shares of new Security:  41.72  (Average of open and close of ENB on 2/27/17)

Save the transaction and the merger has been entered.

The companies expect this to be a non-taxable reorganization. However, the companies in the F-4/A filing, state the IRS may challenge this status. If the IRS successfully challenges the tax status of this merger it may be necessary to change the entry of this merger.