That number is really dependent upon KMI. Right now, KMI is at $38.03 and KMP is at $90 and change. Big drop since Monday at $96 and KMI at $40. Right now, we'd be seeing $94 a share for KMP for the merge based upon the current price of KMI. It seems like something is amiss here because the premium that was announced was 12% for KMP and that included the $10.77. That was based on last Friday's closing price of $80 (and change) of KMP. All this, however, is dependent upon this merge going through. Not sure if it has to be approved by the SEC or not but it does with the stockholders and I dont' see that as being anything to hold it up since Kinder and institutions hold the most voting power over common shareholders. Actually, I posted on Monday debating whether to sell over 4000 shares I have of KMP at $96 but didnt' as I wasn't clear on everything. Of course, now I wish I'd of sold at $96 and could have bought it all back much cheaper. I'm not concerned with a tax implications because I hold all my KMP in my IRA.