Summary
This Current Report on Form 8-K for Kinder Morgan, Inc. (KMI) on March 15, 2012, primarily announces a significant development in their proposed acquisition of El Paso Corporation (EP). KMI has reached a verbal tentative agreement with the Federal Trade Commission (FTC) staff regarding the divestiture of certain Kinder Morgan Energy Partners, L.P. (KMP) assets. This divestiture is a key condition for obtaining regulatory approval for the EP acquisition, indicating a crucial step forward in the transaction process. The report also reiterates the availability of important filings related to the transaction, including the Form S-4 registration statement and definitive Information Statement/Prospectus and Proxy Statement. Investors are urged to review these documents for comprehensive details. The filing also includes a standard Safe Harbor statement outlining potential risks and forward-looking statements associated with the proposed merger and its integration, emphasizing factors that could impact future results.
Key Highlights
- 1Kinder Morgan (KMI) reached a verbal tentative agreement with FTC staff to divest certain Kinder Morgan Energy Partners (KMP) assets.
- 2This divestiture is a condition for regulatory approval of the proposed acquisition of El Paso Corporation (EP).
- 3The agreement marks a significant step towards securing regulatory clearance for the KMI-EP merger.
- 4KMI filed a Form 8-K on March 15, 2012, with an attached press release dated March 15, 2012.
- 5Important regulatory filings (Form S-4, Information Statement/Prospectus/Proxy Statement) related to the EP acquisition have been made available to investors.
- 6Investors are strongly encouraged to review all relevant SEC filings for detailed information on the proposed transaction.