From what I take from the released results...most took the cash out, which means less shares outstanding and an up front outflow of cash...but that means more future flows for less shareholders, which could be a positive toward an increase in the distribution. Anyone else see it differently? GLTA.
i read a little more on the breakdown of the cash vs stock part of the buy out and it says the cash portion was over subscribed and i remember etp had a clause in the contract that had a limit of 50% total cash, so it leads me to believe that etp had all the possible outcomes considered which makes me hope they are right! i personally don't really know the end effect of all of this transaction.