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Kinder Morgan to buy Hiland Partners for $3 billion

2015-01-21 23:31:08| Electronics - Topix.net

Leading pipeline company Kinder Morgan Inc will buy Hiland Partners, a pipeline and logistics company founded by Continental Resources Inc Chief Executive Officer Harold Hamm, for $3 billion, the company said on Wednesday. Hiland Partners builds and operates oil gathering and transportation pipelines and natural gas gathering and processing systems primarily in the Bakken shale oilfields in North Dakota and Montana.

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