They are both MLP's so it would be logical they remain one, post merger, and the new goal of most is to remove IDR's and it's GP favoritism. There is something in place here to move IDR's down the road I think and maybe they will get the deal done in time to eliminate them entirely. I would like to see the contraction of boards, one set of directors, to drop the insider overhead immensely.
C corps are undeniably in market favor, but not in my world. I think the rules requiring 90% DCF distribution are the one thing I can feel good about in the stock market.
jugs can tell you from experience about over the top insider behavior from his time as an IR rep.
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