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Enterprise Products Partners L.P. Message Board

  • hachi05man hachi05man Sep 7, 2010 3:40 PM Flag

    A Republican Victory Makes EPD/EPE Merger Even Better!

    This is one merger that a big Republican Victory will make even better IMO. Why? Remember that Dan Duncan whose family more or less controls EOD/EPE passed away earlier this year leaving an estate in the $10 BILLION range. 2010 through an oversight of Congress is a "Zero Death Tax Year". If the Democrats retain their congressional majorities they will make a 50% Death Tax retroactive for 2010. Having to raise "$5 Billion for Obama" would most likely mean the Duncans would kill the merger and sell=off EPE/EPD big. A Republican Victory weakening Democrat control of the Senate or erasing it would IMO result in the Duncans being left alone..and the merger as well. I suspect the Duncans are contributing a few $s these days to every Republican running for the senate.

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