Summary
This 8-K filing from Kinder Morgan, Inc. (KMI) reports on the outcome of a special stockholder meeting held on March 2, 2012. The primary purpose of this meeting was to vote on the proposed issuance of KMI Class P common stock and warrants as part of the merger consideration with El Paso Corporation. The filing confirms that KMI stockholders, both Class P and Class A, overwhelmingly approved this proposal, signaling significant support for the pending acquisition of El Paso. This approval is a critical step towards completing the merger, which is expected to create a larger, more integrated energy infrastructure company. Investors should note that the filing also emphasizes the availability of important additional information through the SEC's website and direct contact with investor relations for both Kinder Morgan and El Paso, urging thorough review of related filings such as the Form S-4 Registration Statement and the definitive Information Statement/Prospectus.
Key Highlights
- 1Kinder Morgan (KMI) stockholders overwhelmingly approved the issuance of KMI Class P common stock and warrants, a key component of the merger consideration for the acquisition of El Paso Corporation.
- 2The vote took place at a special meeting of stockholders on March 2, 2012.
- 3Both Class P and Class A common stock holders voted in favor of the share and warrant issuance proposal.
- 4The approval is a significant milestone in the process of acquiring El Paso Corporation.
- 5The filing directs investors to review additional important information filed with the SEC, including the Form S-4 Registration Statement and related Information Statement/Prospectus.
- 6The merger is expected to result in a wholly owned subsidiary of Kinder Morgan.
- 7The document also contains forward-looking statements and discusses potential risks and factors that could affect the completion and outcome of the transaction.