Kinder Morgan, Inc. (NYSE:KMI) has reached a deal to buy some assets from bankrupt master limited partnership Southcross Energy Partners, L.P. (OTCPK:SXEE.Q). While the transaction isn't a headline grabber, it is worth noting. It would pay $76 million for the Corpus Christi Pipeline and Bay City Lateral systems, which the MLP is selling as part of its bankruptcy process.
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- Kinder Morgan Reportedly Plans To Buy Assets From Southcross Energy Partners