Kinder Morgan And El Paso May Need To Cut Pipeline Networks To Save Massive Energy Merger
Posted 10/26/11
In a transaction valued at $21.1 billion – one of the largest energy deals in history – Kinder Morgan, Inc. has announced
a deal to purchase the El Paso Corporation.
The two corporations are large “midstream energy” companies that process and transport oil and gas. If the deal is approved by shareholders and the FTC, Kinder Morgan will be the largest midstream energy company in North America, controlling...