Buying the rest of Targa's operations and appears to NOT need a secondary to finance it.Says the deal will be IMMEDIATELY ACCRETIVEWill recommend a 1c per quarter sixtribution increase.
recomending a.04 per quarter increase based on what i readdreiser139
$2.11 to $2.15 per year = 1 c per quarterthey worded it poorly, but I do think there is more than 1c per quarter accretion in the recent dropdowns.Their coverage was high to start. it looks to be a conservative increase and there is room for more in the future.
The planned increase in .04 per YEAR, not per Q.