Use Options For a Chance To Buy TEP at a 22% Discount
September 11, 2014 at 11:45 AM EDT
Looking back to 51 days ago, Tallgrass Energy Partners, LP (TEP) priced a 7,000,000 share secondary stock offering at $41.07 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Thursday, the stock is now 8.5% above the offering price..