Upon the consummation of the simplification transactions, all of the outstanding AHGP common units will be canceled and cease to be publicly traded.
The simplification transactions are structured such that each AHGP unitholder will hold directly after the transactions the same economic share of ARLP and its subsidiaries that it held indirectly through AHGP before the transactions.
The terms of the agreement (the Simplification Agreement) were approved by both the board of directors of AHGPs
general partner and ARLPs general partner.
Based on ARLP's current declared distribution, AHGP expects to receive quarterly cash distributions from ARLP of $45.
In addition, AHGP owns 15,544,169 common units of ARLP.
News, unit prices and additional information about AHGP including filings with the Securities and Exchange Commission, are available at http://www.
Except as required by applicable securities laws, AHGP does not intend to update its forward-looking statements.
BASIC AND DILUTED NET INCOME OF AHGP PER LIMITED PARTNER UNIT
As previously announced, ARLP and AHGP will report financial results for the 2017 Quarter before the market opens on Monday, January 29, 2018 and Alliance management will discuss these results during a conference call beginning at 10:00 a.
P today announced that the Board of Directors of ARLPs general partner and AHGPs general partner approved an increased cash distribution to their respective unitholders for the quarter ended December 31, 2017 (the "2017 Quarter").
is a limited partnership formed to own and control Alliance Resource Management GP LLC, the managing general partner of ARLP, through which it holds a 1.