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Kinder Morgan's Monster Energy Monday Deal: Merger Talk

Kinder Morgan Inc. is doing a mega-deal to kick off the week, the topic of our Merger Talk. The company will add a number of its affiliates under its own umbrella, including Kinder Morgan Energy Partners, El Paso Pipeline Partners and Kinder Morgan Management, sending shares of each up more than 26 percent this morning as we prepare for the open. That deal is the latest in a series of energy transactions that should cheer banks, that recently saw billions in potential deal fees flying out the window on a series of collapsed transactions, which also slammed arbs. Next, we may see more energy M&A.