Blackstone Offers to Take Tallgrass Private as Shares Plunge 40%

Blackstone Offers to Take Tallgrass Private as Shares Plunge 40%

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Blackstone's acquisition strategy, focusing on its recent deal involving MLPs. It highlights the market's mixed reaction, potential backlash, and the benefits Blackstone aims to achieve. The structure of the deal is compared to similar transactions, noting the absence of drastic measures like distribution cuts. The discussion also touches on the alignment of interests between general partners and unitholders, which has been a point of contention in other deals.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial expectation regarding Blackstone's involvement in the deal?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the market react to the premium offered for the Class A shares?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the criticism of MLP deals according to the text?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the case of American Midstream differ from the current situation discussed?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall sentiment regarding future take-private deals in the pipeline sector?

Evaluate responses using AI:

OFF