Reuters: Regulatory News: Kinder Morgan wins U.S. approval to buy El Paso

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Kinder Morgan wins U.S. approval to buy El Paso May 1st 2012, 17:33 WASHINGTON | Tue May 1, 2012 1:33pm EDT WASHINGTON May 1 (Reuters) - Kinder Morgan Inc has won U.S. approval to buy El Paso Corp on the condition that it sells three U.S. natural gas pipelines, the Federal Trade Commission said on Tuesday. Kinder Morgan, which owns more than 38,000 miles of pipelines, had announced in October that it would buy El Paso. The FTC said that it would require divestitures in and around Wyoming, Colorado, Nebraska and Utah. Kinder Morgan said in March that it had reached agreement with the FTC to sell Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Co, its Casper-Douglas natural gas processing and West Frenchie Draw treating facilities in Wyoming, and its 50 percent interest in the Rockies Express Pipeline.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions