Does anyone think there could be more consolidation in this space?
etp approached cpno in late 2009 after founder passed away to buy CPNO. Copano's board rejected offer. Mentioned in both Copano and ETP conference calls around that time. ETP was also turned down by MWE and XTEX around that time. http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_C/threadview?bn=25363&tid=1677&mid=1677
Buying copsno would be awful. I love owning the co with a buyer dipping into the cash register.
there is always a rumor that CPNO is a target for a take over, so there might be one in the works now after El Paso has been bought.
Kinder already has joint ventures with Copano; it wouldn't be that big a strecth to see them buy CPNO in a few months to a year.