Rich Kinder Restructures KM Units In Mega-Deal Valued at $44 Billion

摘要

Rich Kinder, founder and chief executive of the Kinder Morgan companies, has made the price of a company's securities jump up and down by double-digit percentages several times in the past two decades. Last week he did it again. The Kinder Morgan pipeline and energy infrastructure group plans to simplify its corporate structure, in a move that will reduce the number of publicly traded affiliates from four to one and set the stage for greater expansion through both organic growth and acquisitions.