Thu, Dec 25, 2014, 1:24 PM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

Inergy, L.P. Message Board

  • lizahuang54321 lizahuang54321 Apr 30, 2012 4:36 PM Flag

    what was the point?

    A lot of people are assuming NRGY will at some point drop down its remaining midstream assets to NRGM and subsequently NRGM will buy out the IDRs of NRGY in a merger akin to what NRGY did when it bought NRGP.

    If so, what was the point of spinning off NRGM in the first place? Seems like MRGY could just have done the propane sale and they would already be in the same place these roadmaps are leading. Why go through the expense of spinoff and re-merger to end up back where you started?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Yahoo! Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Virgin America Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST
Jack in the Box Inc.
NASDAQWed, Dec 24, 2014 1:00 PM EST