- 4-Week # shares sold: 9,947
- 12-Week # shares sold: 9,947
- 24-Week # shares sold: 9,947
The buyer plans to pay for the deal with equity offerings and asset sales.
Analysts were disappointed by the $15.75 per share offer, which is only 2.9% more than CPPL's stock price last Friday and 31.5% below its IPO price last year.
The SEC alleged Wednesday that Cooperman 'generated significant illegal profits' by trading in Atlas Pipeline Partners.