Investing 102

[WSSix]

So if this deal is approved, does that mean those of us who owned KMP will be cut a check for $10 per share and have it sent to us? Will it be received simply as a payout like the dividend is/was? I wonder what the tax implications are since KMP was an MLP. Not knowing any better, I'm looking at the shares received in KMI and cash payout as a return for the sale of the business I am a partner in.