BX knows how to make money!!! great prospects..more IPOs..
Kinder Morgan Energy Partners Buying 2 Tanker Firms, 9 Tankers, for Nearly $1 Billion
By Patrick Morris | More Articles
December 23, 2013 | Comments (0)
Kinder Morgan Energy Partners (NYSE: KMP ) announced today that it will acquire American Petroleum Tankers (APT) and State Class Tankers (SCT) for $962 million from affiliates of private equity firms The Blackstone Group (NYSE: BX ) and Cerberus Capital Management.