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  "documentTitle": "Greenhill Discussion Materials to Inergy April 3 2017",
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      "text": "Note: (1) Based on CMLP management projections... (2) Present value... (3) Based on CMLP latest quarterly distribution... (4) Based on estimated NRGM pro forma distribution yield...",
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      "text": "Terminal Value Assumption: 8.55% Capitalization Rate; Terminal Value Assumption: 7.00% Capitalization Rate",
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      "text": "NRGM Distribution (Interim) $1.79 $1.97 $2.17 $2.27 $32.37 8.2% Implied NRGM Unit Price $28.86 CMLP Unitholder Interest 1.027 Implied Value to CMLP Unitholder $29.64 (+) Special Distribution to CMLP Unitholder $0.42 Adjusted Value to CMLP Unitholder $30.06 Premium to Status Quo CMLP Unit Value (1.0%) Premium to Current CMLP Unit Price 26.0%",
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