Take advantage of the 'sell-the-buyer" lemmings. They are almost as reliable as the dilution freaks on any offering by a REIT or MLP. It's like clockwork, and almost invariably, they are wrong. Buy the lemming panic for a quick flip or long hold on a growing business in a growing industry.
Here's a 100% unit for unit acquisition which will be immediately accretive on closing. No cash used, no new borrowing except to assume existing debt and a group of assets which are a wonderful strategic addition to KMP in boomtown shale areas. What's not to like about this deal??
But the wisdom of the deal does not matter. Lemmings are lemmings. Thanks for the discount.