Kinder Morgan selling assets in exchange for El Paso OK
Aug 20, 2012 | 12:38 PM
| Michael Cowden
Tags
Kinder Morgan Energy Partners,
El Paso Corp,
Federal Trade Commission,
mergers,
acquisitions,
divestiture,
pipeline,
natural gas
Michael Cowden
CHICAGO — Kinder Morgan Energy Partners LP has reluctantly agreed to divest portions of its natural gas transmission and processing assets.
The Houston-based energy company said Monday it had agreed to sell Kinder Morgan Interstate Gas Transmission LLC, Trailblazer Pipeline Co. LLC and its 50-percent stake in Rockies Express Pipeline....
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