LNG is parent, they own multiple economic interests - check out the LNG website and the recent presentation to see actual ownership.
In the event of LNG buyout, CQP would likely benefit - though buyer would not necessarily be obligated to buy out CQP public (stub) interests. The type of buyer that could afford LNG would likely be much bigger and have lower cost of capital, which could benefit CQP if they 1) can accelerate projects, 2) lower finance costs and/or 3) drop down other assets into CQP to take advantage of tax structure (which would translate into further growth potential in units).
No one is buying out LNG/CQP. It is all a rumor/hypothesis started on the LNG board who doesn't know anything about a buyout.
There are valid reasons for the sudden surge in LNG stock, and it mostly has to do with the approval of the Cove Point LNG terminal.
Check the LNG message board and check the huge more in LNG pricing. By the way, why are you so nasty? I'm only pointing out what another board is saying.
The Question is Valid, but I don't need an answer from the likes of you.