CF - Master Limited Partnership Simplifications On The Rise
By Kris Rosemann
At Valuentum, we continue to believe the master limited partnership ((MLP)) business model is at risk over the long haul, and recent news from the space only seems to support the notion that the MLP model we once knew may be fading more quickly than some had expected. If there is nothing inherently wrong with the structure of MLPs, then the rate at which simplification transactions are occurring would certainly be an alarming development, but we continue to point to factors such as the need for robust levels of outside capital financing