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Kinder Morgan Is Doing Some Bargain Hunting


Kinder Morgan (NYSE: KMI) is reportedly doing some shopping in the bargain bin. The energy company has reached a deal to buy some assets from bankrupt master limited partnership Southcross Energy Partners. While the transaction isn't a headline grabber, it is worth noting.

Here's a closer look at the acquisition and why it makes sense from a strategic standpoint. 

Image source: Getty Images.

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Source Fool.com

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