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Re: MMP tax burdenFWIW, with 10 minutes left in the trading session today, I sold half my shares, then parted with the remaining half. If buyout goes through, I figure the final MMP price should be close to today's closing price. If it doesn't go through, I wll have sacrificed some decent price appreciation since the offer was made. I have a fair amount of OKE already and want to keep divs/distribution income deferred. Getting higher yield is helpful, too. So that's my rationale with finally deciding to sell. I had planned on holding on to Magellan forever. |
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