By Stacey Morris
Since we last discussed MLP consolidation in our three-part Bye, Bye, Bye series from this summer, significant headway has been made in terms of transaction announcements. This progress should be welcomed by investors because it helps alleviate uncertainty and removes the distraction of structure questions, though admittedly tax implications and backdoor distribution cuts have made the process frustrating. In this piece, we provide an update to the three parts of our series from this summer - who's saying bye and why, who could be saying bye, and what's an investor to do.