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The buyout is a win win. If BPT gets bought out then the price goes up. When Apache takes over the oil field they usually get more oil from the same well. If nothing happens we still get the dividend from BPT.I like it when a plan comes together.
"If BPT gets bought out then the price goes up."There is no reason for the price to go up.If the company operating the fields covered by the trust changes, the amount of money which goes to the trust unitholders does not change.You are still confusing this trust with a corporation.
Even if Apache buys some of BP's north slope assets, Apache would not be buying units of the trust. So BPT unit price will not change as a result.