About Plains GP Holdings, L.P. (adapted from Plains GP Holdings, L.P. prospectus):
They are a recently formed Delaware limited partnership that will elect to be treated as a corporation for U.S. federal income tax purposes; Their only cash-generating assets at the closing of this offering will consist of AAP units, that represent a % limited partner interest in AAP which currently owns all of the IDRs and an indirect 2% general partner interest in PAA.

This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.