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Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:42 EDTKMP, CPNOCopano Energy backs 2013 adjusted EBITDA view $300M-$330M
Total distributable cash flow unchanged from previous guidance at $220M-$240M. Common unit distribution to remain at $0.575 per quarter due to merger agreement with Kinder Morgan Energy Partners (KMP). Expansion capital expenditures to increase to $400M-$450M compared to previous guidance of $250M-$300M primarily due to addition of the DK pipeline loop, a 65-mile, $100M project to loop the DK pipeline from DeWitt County to Copano's Houston Central complex, as well as other new capital projects in Texas and Oklahoma.
News For CPNO;KMP From The Last 14 Days
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November 26, 2014
16:07 EDTKMPKinder Morgan closes merger transaction
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November 20, 2014
13:04 EDTKMPKinder Morgan announces shareholder approval of merger transactions
Kinder Morgan (KMI) announced that at special meetings held by each of KMI, Kinder Morgan Energy Partners (KMP), Kinder Morgan Management (KMR) and El Paso Pipeline Partners (EPB), unitholders and shareholders approved all proposals related to the merger transactions previously announced on Aug. 10. More than 95% of the votes cast at the special meeting of each company were voted in favor of the proposals related to the merger transactions. The deadline for KMP and EPB unitholders to elect the form of consideration they wish to receive in each of KMP’s and EPB’s pending mergers with KMI is 5:00 p.m. ET on Nov. 24, 2014. The election deadline may be extended, in which case KMI will issue a press release announcing the new election deadline. The closing of each merger is expected to occur on Nov. 26, 2014. Accordingly, it is expected that Nov. 26 will be the last trading day for KMP and EPB units as well as KMR shares.
09:43 EDTKMPKinder Morgan to host special shareholder meeting
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November 17, 2014
07:33 EDTKMPMatrix Service awarded EPC contract by Kinder Morgan Energy
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November 14, 2014
07:05 EDTKMPKinder Morgan says expected closing date of merger Nov. 24
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