tt2000,
I didn't say Breitburn shares weren't listed, I often quote the price of them in many of my posts.
What I said was that the ones Antares have are not listed as such (for tax purposes) if you go & read the announcement issued at the time
http://www.antaresenergy.com/wp-content/uploads/2015/01/2014-10-27-Sale-of-Southern-Star-a2.pdf
"Private Placement
Breitburn’s common units to be issued as partial consideration in connection with this acquisition will be issued in a private placement and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The number of common units being issued as partial consideration in connection with this acquisition will not be adjusted to account for changes in the unit price or for purchase price adjustments."
LOTM
tt2000, I didn't say Breitburn shares weren't listed, I often...
Add to My Watchlist
What is My Watchlist?