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PaPaGriz

05/29/18 12:53 PM

#775 RE: jugs #774

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?