CONGRATULATIONS ON EL PASO CORP (EP) BEING BOUGHT OUT BY KINDER MORGAN (KMI) FOR 279% RETURN
Kinder Morgan (KMI) will create the largest natural-gas pipeline system in the U.S. by buying El Paso Corp(EP) in a $38 billion cash, stock and warrant deal that includes $17 billion in debt. The agreement values El Paso at $26.87 a share. We recently bought El Paso at $17.50. It