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Stock Market & Financial Investment News

News Breaks
July 2, 2014
05:37 EDTEPBEl Paso Pipeline downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded El Paso Pipeline to Sell citing expectations for low volume growth and limited drop-down potential. The firm keeps a $33 price target for shares.
News For EPB From The Last 14 Days
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November 20, 2014
13:04 EDTEPBKinder 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 EDTEPBKinder Morgan to host special shareholder meeting
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09:37 EDTEPBEl Paso Pipeline to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Kinder Morgan, Inc. is being held in Houston, Texas on November 20 at 11 am.
November 14, 2014
07:05 EDTEPBKinder Morgan says expected closing date of merger Nov. 24
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