Book Is Closed on the Kinder Morgan-El Paso Merger
The $23 billion merger between Kinder Morgan and El Paso is finally complete after the new company divested $3.3 billion in Rocky Mountain assets and dropped down the pipelines from the original deal. With everything squared away, Kinder Morgan and its partners are set to snatch profits from its 75,000 miles of pipelines and numerous export terminal stations. Check out this video for more information on the Kinder Morgan family of companies and the bright future ahead.
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The article Book Is Closed on the Kinder Morgan-El Paso Merger originally appeared on Fool.com.Joel South has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend El Paso Pipeline Partners LP and Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.