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Note on Master Limited Partnerships
Chaplinsky, Susan; Simkins, Betty J.; Titman, SheridanTechnical Note DARDEN-F-1828-EFinanceMaster limited partnerships (MLPs) are limited partnerships that trade on public exchanges in the form of units, similar to common stock. MLPs have several advantages relative to traditional C corporations (C-corps) that have resulted in their frequent use to finance energy-infrastructure assets. The general partners (GPs) retain control of the assets placed in the MLP, can drop down assets to the MLP, often at advantageous prices, and receive in...Starting at €8.20