Enbridge Makes a Bold Move to Acquire All Its Subsidiaries. Will That Make It Buy?

Enbridge's (NYSE: ENB)management has been busy lately. Ever since it acquired Spectra Energy a little less than two years ago, the company has made several otter corporate moves ranging from consolidating some of its subsidiary partnerships, completing strategic reviewsthat led to distribution cuts, issuing gobs of stock to fund growth, and completely revising its strategic plan.

This past week, though, the company made another monumental move by announcing it was consolidating all of its subsidiaries.