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TGE - Shareholders Fuming As Blackstone Buys Tallgrass
Tallgrass Energy LP Class A Shares
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Normally when a company you own gets a takeover offer, it's an exciting event that comes with sizable profits. For us Tallgrass Energy (TGE) owners, however, we're heading for a much more dour ending.
For those unfamiliar, Tallgrass is a pipeline operator that has the bulk of its operations in the Rockies and adjacent states such as Nebraska. Until recently, it had been trading in the low to mid $20s, and offering a dividend yield around