October 27, 2014

Latest news for Kinder Morgan unit and shareholders

As you likely have heard, Kinder Morgan Inc. (NYSE: KMI) in August entered into merger agreements with Kinder Morgan Energy Partners LP (NYSE: KMP), Kinder Morgan Management LLC (NYSE: KMR) and El Paso Pipeline Partners LP, (NYSE: EPB) essentially consolidating its entities and acquiring all outstanding units and shares. This will be one of the largest energy mergers in U.S. history.

For those holding KMP, EPB units and KMR shares, let’s be prepared for the upcoming weeks, as there will be tax consequences regardless of whether the units and/or shares are sold.

Unitholders and shareholders will vote on the proposed merger on Nov. 20.

Kinder Morgan prepared information summaries including the KMI Acquisition of KMP, KMR and EPB Transaction Information, the Kinder Morgan Investor Presentation and the KMP/EPB Summary Tax Information Package. We’d be happy to walk you through the information and answer any questions you may have about the merger and how it will affect you.

As always, the Maddox Thomson team is here to help. Call or email us at [email protected]

Maddox, Thomson & Associates

Maddox, Thomson & Associates

MTA is a full service, privately held CPA firm established in 1985 in Houston, Texas. Built on a reputation for client service, the firm delivers tax-compliant solutions through its financial planning, tax preparation and consulting services.

With more than 30 years of experience, our team of seasoned professionals will help you define personal and professional financial goals and establish strategies to maximize achievement.
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