Oct 5 (Reuters) - TC PipeLines LP TCP.N :
* TC PIPELINES, LP ACKNOWLEDGES TC ENERGY CORPORATION'S OFFER TO ACQUIRE ITS OUTSTANDING COMMON UNITS
* TC PIPELINES LP - UNDER PROPOSAL, TCP COMMON UNITHOLDERS WOULD GET 0.650 COMMON SHARES OF TC ENERGY FOR EACH PUBLICLY-HELD TCP COMMON UNIT
* TC PIPELINES - RECEIVED NON-BINDING OFFER FROM TC ENERGY TO ACQUIRE ALL COMMON UNITS OF TCP NOT BENEFICIALLY OWNED BY TC ENERGY
* TC PIPELINES LP - CONFLICTS COMMITTEE COMPOSED OF INDEPENDENT DIRECTORS OF TCP BOARD WILL BE FORMED TO CONSIDER OFFER PURSUANT TO ITS PROCESSES
* TC PIPELINES LP - PROPOSAL REPRESENTING IMPLIED VALUE OF $27.31 PER COMMON UNIT