Hi, guys --

I Am Not A Lawyer, nor do I play one on the Internet. The merger (should it come off) is thought to be a taxable event for QELP shareholders. Since QELP is a partnership with negative book value, I think you QELP unit owners might need to haircut any consideration received by 40% or so to pay taxes.

Has anyone actually sought advice on this? Remember, the rules for partnerships are very complicated.

I'm cross-posting this to get more responses.

Yours,
RP