Mark West Energy Partners LP MWE

Mark West Energy Partners LP MWE: Shares of Mark West Energy Partners are trading 17% below the takeout price, according to Market Watch. MPLX L.P. MPLX, -14.51% said on Monday that it had entered into an agreement to acquire Mark West Energy Partners LP MWE, +13.96% for roughly $15.8 billion. The price action is telling us that Mark West investors don’t think it is worth giving up their beautiful dividend yield, and MPLX unitholders aren’t too thrilled either, sending the shares down 17% to $57.49 Monday morning Fact Set Caption outside of wrapper for normal article images With the shares moving in opposite directions, you might think this is the usual ‘buyer down, seller up M&A scenario, but it not. Shareholders of Mark West will receive 1.09 MPLX shares for each Mark West share they own, plus a one-time payment of $3.37 in cash, for a combined deal value of $78.64 a share. The transaction is expected to be tax free for Mark West shareholders, except for the cash distribution. That a 32% premium, based on Mark West closing price of $59.75 on Friday. (news.financializer.com). As reported in the news.