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Re: None

Sunday, 03/25/2018 12:54:36 PM

Sunday, March 25, 2018 12:54:36 PM

Post# of 1925
From the same SEC filing:

ALDW and Delek will endeavor to coordinate regarding the declaration of any dividends or distributions during the period from the execution of the Merger Agreement to the date that the Merger is consummated with the intent that no ALDW Public Unitholder will fail to be entitled to receive any quarterly distribution by ALDW unless it becomes entitled to receive a quarterly dividend from Delek in respect of the same period.



So if you sold ALDW before the end of 2017, you would not receive a D regardless of a future merger. When the yr and quarter ended December 31, you still had to hold ALDW until the ex date, which never happened.

If you took DK shares in 2018, then the above clause is in effect. My last post here outlines the 2.5 cents we received (which was also given to DK holders who never had anything to do with ALDW?) ...hmmm?
Legally they got some of our deserved distribution didn't they?

The DK position is we did right by OUR investors.

P.S. What about the period BEFORE the November 7th

execution of the Merger Agreement

???

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-