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Kinder Morgan, Inc. Message Board

  • tomcypert tomcypert Nov 5, 2012 10:29 AM Flag

    KMI Taken Private

    I have seen comments about the possibility that KMI could be taken private at the worst possible time (very low price) and how damaging this could be for investors. I don't really understand this. Does anybody know how this could happen. However, the possibility that this could happen does worry me.

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    • It already happened with KMI some years ago.
      If the price really crashed for whatever reason, I wouldn't be surprised to see management try that trick a second time.
      Same thing also happened with another MLP (Hiland Partners).
      Agree with the other poster though that it's not a very likely scenario in the near term.

    • I don't think you have to worry about privatization of KMI. KMI was previously taken private and re-emerged as a public company in 2011. They just finished cashing out most of the private equity folks that took them private (Goldman, Carlyle and Riverstone). It would be very unusual for a company that just went public after a previous privatization to privatize again a year later.

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