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Inergy Holdings, L.P. (NRGP) Message Board

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  • ch4_tycoon ch4_tycoon Aug 17, 2010 4:27 PM Flag

    when the change to NRGY?

    I don't think a firm date has been set as of now. I am guessing sometime in Q4 2010 (or possibly early Q1 2011).

    "... the merger is subject to approval by a majority vote of the outstanding limited partnership units of NRGP, which is expected to be held in the fourth quarter of 2010. Certain members of management that control over 50% of NRGP's limited partnership units have committed to vote in favor of the merger. "

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    • several brokerage reports I read on the merger said they expected the deal to be complete in Q4, so that the dist. paid in Feb will be the first NRGY dist. that NRGP owners will get.

      Unless this flurry of law suits manage to disrupt it somehow (which is hard to imagine), I expect the merger will go through on time. The outcome of the vote at NRGP certainly isn't in question.

 

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