Benzinga's Volume Movers
Kinder Morgan Management LLC (NYSE: KMR) shares moved up 19.22% to $91.82. The volume of Kinder Morgan Management shares traded was 4790% higher than normal. Kinder Morgan, Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners announced that KMI will acquire all of the outstanding equity securities of the three publicly-traded units.
Kinder Morgan Energy Partners LP (NYSE: KMP) surged 14% to $91.59. The volume of Kinder Morgan Energy Partners shares traded 3817% higher than normal. Kinder Morgan (NYSE: KMI) announced its plans to combine four publicly-traded companies in a deal valued at $70 billion.
El Paso Pipeline Partners LP (NYSE: EPB) shares climbed 18.69% to $39.88. The volume of El Paso Pipeline Partners shares traded was 3615% higher than normal. Kinder Morgan reported that it will acquire KMP, KMR and EPB.
Tekmira Pharmaceuticals (NASDAQ: TKMR) shares rose 21.06% to $25.06. The volume of Tekmira Pharmaceuticals shares traded was 2581% higher than normal. Tekmira Pharmaceuticals is expected to report Q2 results on August 13, 2014.
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