The tax package says this:
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Enclosed you will find your tax package related to your investment in NuStar GP Holdings, LLC for the 2018 tax
year.
Effective July 20, 2018, NuStar GP Holdings, LLC merged with and into a wholly owned subsidiary of NuStar
Energy LP. and ceased to be publicly traded. Under the terms of the merger agreement, each ownership unit in
NuStar GP Holdings, LLC was exchanged for .55 of a common unit representing a limited partner interest in
NuStar Energy L.P. Because of this merger, the enclosed Schedule K-1 will reflect a tax year ending July 19,
2018, and will be your final Schedule K-1 for NuStar GP Holdings, LLC. If you did not dispose of all of your
NuStar GP Holdings, LLC units prior to the merger, you will also receive an additional separate 2018 Schedule
K-1 from NuStar Energy L.P., representing your exchanged NuStar GP Holdings, LLC units.
