Northern Tier Energy LP (NTI)

[pete807]

Here we are on the last day of the quarter with no new information on when the deal will close. Earnings estimates say mid thirties for payout and $1 or more for next quarter. During this period since the announcement of takeover WNR stock has fallen along with crude oil. Tender has held NTI in a range. I expect the real percentage of units now in WNR's control has risen due to Barclays downgrade (collusion) and folks throwing in the towel. As I have posted why wouldn't WNR buy any cheap units with any cash banking the difference between price and offer? Tax consequences have many like me holding into 2016 and we will sell and rebalance to offset cap gains when the deal is over. There will be the formality only of a vote appearing soon. I suspect if there is a whole dollar to be made they will push to complete the deal in Q2.