HILAND TAKEUNDER!

I've been wondering about the Hiland Partners (HLND) takeover offer from Harold Hamm since its been over 3 months. Well wonder no more as we have this from the board where Mr Hamm is cuttting its price to 7.80 for the units and 2.40 for Hiland Holdings (HPGP) siting further deterioration of energy prices. No surprise really. Stocks traded at 60 bucks and 30 bucks once upon a time. Just another sign of the times.

Looks stable this morning at this juncture as markets come off yesterdays 300 ish sell off and the mlp index 4 point decline. I have a long day ahead and i will post an update this afternoon.