Kinder Morgan Inc. to buy El Paso Corp. in $21.1 billion cash, stock deal
Pipeline company Kinder Morgan Inc. said Sunday it agreed to buy El Paso Corp. in a $21.1 billion cash and stock deal that will create North America's largest natural-gas pipeline operator.
Kinder Morgan Inc has won US approval to buy El Paso Corp on the condition that it sells three US natural gas pipelines, the Federal Trade Commission said on Tuesday.