Market Overview

Kinder Morgan Receives FTC Approval for Pending El Paso Acquisition

Share:
Related KMI
Rig Counts Still Falling In America
Jim Cramer Shares His Thoughts On Seadrill, Transocean, Fiat Chrysler, Alcoa, Texas Roadhouse, Denny's, Facebook And Kinder Morgan
Enterprise Products Partners Keeps On Chugging (Seeking Alpha)

Kinder Morgan, Inc. (NYSE: KMI) today announced it has received approval for its pending acquisition of El Paso Corporation (NYSE: EP) from the Federal Trade Commission (FTC), subject to the previously announced divestiture of certain Kinder Morgan Energy Partners, L.P. (NYSE: KMP) assets. The FTC also terminated the Hart-Scott-Rodino Act waiting period, clearing the way for the companies to close the transaction as anticipated in late May.

Posted-In: News M&A

 

Related Articles (EP + KMI)

Get Benzinga's Newsletters