Private Equity Strikes Again

Kinder Morgan (KMI) is buying bought out by…Kinder Morgan. Who needs a stock market anyway?
If this goes off, the buyers will assume about $14.5 billion in debt. This is a huge deal. In 17 years, no one has ever topped KKR’s buyout of RJR Nabisco.
Doesn’t stuff like this usually happen at market peaks?

Posted by on May 30th, 2006 at 11:19 am


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