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Kinder Morgan Energy Selling Some Assets For $1.8B

HOUSTON (AP) ā€” Kinder Morgan Energy Partners is selling some of its assets to Tallgrass Energy Partners LP for $1.8 billion in cash, a move necessary for Kinder Morgan Inc. to get regulatory approval for its $20 billion buyout of El Paso Corp

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Kinder Morgan Clears Hurdle On El Paso Deal

HOUSTON (AP) ā€” Kinder Morgan will sell some of its assets as part of an agreement with federal regulators to clear the way for its $20.7 billion buyout of El Paso.

The Houston pipeline company said Thursday that the divestments are necessary in order to secure the approval of the Federal Trade Commission

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