Seeking Alpha

The proposed merger of Kinder Morgan (KMI) and El Paso (EP) could face antitrust obstacles, with...

The proposed merger of Kinder Morgan (KMI) and El Paso (EP) could face antitrust obstacles, with regulators taking a hard look at a deal that would control 67,000 miles of U.S. pipeline, perhaps imposing restrictions such as rate freezes. EP jumped 25% on Monday but remained below KMI’s $26.87 offer price, suggesting that investors may be wary of roadblocks to completing the deal.
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