..."If (and I repeat if) PTSC got bought out, would the COMAG be transferable? My thought is that it would be"...
My opinion on that is this:
If someone had the wherewithal to buy out the MMP portfolio, (including ALL those who own any part of IT), I would certainly expect them to be savvy enough to do the requisite "DD",and would structure any proposal in a way to be sure and "TAKE-OUT", the obvious impediments to monetization. ..
(Guess who that might be.)...
I Personally do NOT expect to see a BUYOUT..IMO