pipeline giant to go private

from baltimore sun: When Richard D. Kinder left Enron Corp. 10 years ago, he walked away with a pipeline business that didn’t fit into the flashy company’s vision for building the energy trader of the future.

Yesterday, the company that Kinder and his partners built from Enron’s castoffs said it would go private in a buyout valued at $14.6 billion.

If approved by shareholders, the acquisition of Houston-based Kinder Morgan Inc. by an investment group led by Kinder and other senior executives would be the third-biggest leveraged buyout ever…

Other members of the investment group include insurer American International Group Inc., investment bank Goldman Sachs Group Inc. and investment firms Carlyle and Riverstone Holdings.

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