Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America
Green Car Congress
OCTOBER 17, 2011
The total purchase price, including the assumption of debt outstanding at El Paso Corporation and including the debt outstanding at El Paso Pipeline Partners, L.P. and Washington state. The receipt of shares and warrants by EP shareholders in the transaction is intended to be tax free for US federal income tax purposes.
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