AHGP

AcronymDefinition
AHGPAmerican History and Genealogy Project
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In addition, AHGP owns 87,188,338 common units of ARLP.
Upon the consummation of the Simplification Transactions, all of the outstanding AHGP common units will be canceled and cease to be publicly traded.
The closing of the Simplification Transactions, which is currently expected to occur in the second or third quarter of 2018, is subject to the satisfaction of customary closing conditions, including the approval of the Simplification Agreement by the affirmative vote or consent of holders of a majority of the outstanding AHGP common units, and the effectiveness of a registration statement on Form S-4 to be filed with the Securities and Exchange Commission (the SEC) by ARLP with respect to the distribution of the Exchange Units.
The terms of the agreement (the Simplification Agreement) were approved by both the board of directors of AHGPs general partner and ARLPs general partner.
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 were approved by both the board of directors of AHGP's general partner and ARLP's general partner.
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.m.
Alliance Resource Partners, L.P and Alliance Holdings GP, L.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").
Alliance Holdings GP LP (AHGP) (NASDAQ:AHGP) reported on Monday the launch of a secondary underwritten public offering of 2,750,000 common units representing limited partner interests in the company by certain selling unitholders.
AHGP will not receive any proceeds from this offering and the number of its outstanding common units will remain the same.