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TransMontaigne, Inc. (TMG) Message Board

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  • rrb1981 rrb1981 Apr 19, 2005 12:40 PM Flag

    Is there anybody out there? <eom>

    Please expand on your statement that management will get a cut of TLP and TMG will not.....

    TMG will be the GP of TLP, and will be entitled to the 2% GP cut as well as the assoiated incentive distribution rights. TMG holders recieve a huge amount from TLP via the units and cash that TMG recieves for the asset transfer.

 

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