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

|About: Kinder Morgan, Inc. (KMI)|By:, SA News Editor

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.