![[VIDEO] Brightest moon impact ever recorded](http://cdn.ph.upi.com/sblc/3901369058417/3/VIDEO-Brightest-moon-impact-ever-recorded.jpg "[VIDEO] Brightest moon impact ever recorded")
![[VIDEO] David Beckham cries during last game of his career](http://cdn.ph.upi.com/sblc/3901369058417/5/VIDEO-David-Beckham-cries-during-last-game-of-his-career.jpg "[VIDEO] David Beckham cries during last game of his career")
![[VIDEO] Amy Poehler back on 'SNL' for 'Weekend Update' segment targeting IRS](http://cdn.ph.upi.com/sblc/i/3901369058417/13690077384778/7/VIDEO-Amy-Poehler-back-on-SNL-for-Weekend-Update-segment-targeting-IRS.jpg "[VIDEO] Amy Poehler back on 'SNL' for 'Weekend Update' segment targeting IRS")
![[PHOTOS] 2013 Celebrity Couples](http://cdn.ph.upi.com/sblc/3901369058417/8/PHOTOS-2013-Celebrity-Couples.jpg "[PHOTOS] 2013 Celebrity Couples")
1.
Milwaukee bra ban overturned
HOUSTON, Aug. 28 (UPI) -- Houston-based pipeline operator Kinder Morgan Monday agreed to a buyout by an investment consortium for a total of $22 billion.
The deal entails buying out the company's chief executive, Richard Kinder, for $107.50 per share -- totaling $15 billion in cash -- as well as assuming $7 billion of corporate debt.
The investor group includes banking giant Goldman Sachs Capital Partners, insurers American International Group, and private equity firms Carlyle Group and Riverstone Holdings.
The company said Kinder will continue as its chief executive and reinvest all of his 24 million shares in Kinder Morgan.
"This buyout reflects the confidence that senior management and the sponsors have in the potential of Kinder Morgan Energy Partners. KMI's ownership of the general partner of, and other partnership interests in, KMP represents KMI's largest asset," Kinder said in a news release.
|
|
|
|
|
|
| Additional Energy Resources Stories | |
SAN ANTONIO, May 20 (UPI) --
BP has take "a significant step" toward selling a California oil refinery and regional retail networks to Tesoro Corp. after getting U.S. federal approval.
|
WASHINGTON, May 20 (UPI) --
Commercial space activities may soon utilize a NASA launch pad at the Kennedy Space Center in Florida that was designed for the Apollo space program.
|
Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
|
Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
|
| Stories | Photos | Comments |
View Caption
