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Kinder Morgan Announces $71 Billion Deal to Consolidate Its Units

  • Aired: 1/11/2014
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Kinder Morgan is consolidating its units into a single company in a $71 billion deal that will create the third largest energy company in North America. The company will no longer use a Master Limited Partnership structure, instead combining with Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners into a single C-corporation.

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