If it is like KMP too many people elected to take all cash as I did and you ended up with part cash and part shares. Read the proposal very carefully.
I was a KMP shareholder and it was a nightmare come tax time. Three CPA turn me down when I explained the sale. It is a return on capital, long term capital gains and a sale of business all in one.I will sell if it looks like it is going to go thru.
If it is anything like KMP to KMI was it is a nightmare for taxes. I had two CPA turn me down. You have capital gains, ordinary income and business income.