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TransMontaigne, Inc. (TMG) Message Board

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  • rrb1981 rrb1981 Apr 3, 2005 6:21 PM Flag


    I raised that question on the MMLP board about 5 months ago. Since then, things have gotten more complex. The formation of TLP, adds yet another obstacle into the equation, as now there are 2 GP's and 2 MLP's. I guess, in theory, MMLP could merge into TLP and TLP could buy the privately held GP of MMLP, or some sort of exchange could be done to give the MMLP GP shares of TMG(the GP) and have MMLP exchanged for TLP units. I doubt it happens, but they do have a lot of overlapping and complimentary assets.