CVR REFINING (CVI): Anyone have thoughts on the CVI offer to...

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CVR REFINING (CVI)

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Re: jugs post# 774

Tuesday, 05/29/2018 12:53:48 PM

Tuesday, May 29, 2018 12:53:48 PM

Anyone have thoughts on the CVI offer to exchange their stock for CVRR stock?

Looks like they're trying to accumulate an additional 10% of the shares so they and close out the MLP. Am I reading that right? Once they get 80% of the shares they no longer have a fiduciary responsiblity. That doesn't sound good for the other 20% does it?

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