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TransMontaigne, Inc. (TMG) Message Board

  • vuss49 vuss49 Jul 29, 2004 11:00 AM Flag

    tmg lp???

     

    looking at the yahoo profile shows that a sale of the company would make 4 mid six figure executive salaries disappear------i'am not sure these boys are that dedicated to shareholder value----since their assets are said to be LPable, perhaps they'll convert into one

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    • Perhaps. What would happen would be a spin-off of the LP and the stub would be the GP....or at least thats what would seem logical. However, with Mr. Dietler being very old and controling alot, perhap he is looking to cash in the chips.....who knows, I am just speculating and have taken a small holding in MMLP, at the very least, its an interesting MLP with a nice yield.

 

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