KMI announces merger with KMP, KMR, EPB

Wow.

Here’s the press release:  “Kinder Morgan, Inc. to Purchase KMP, KMR and EPB; 2015 KMI Dividend to Increase to $2 per Share”

Here’s my Google Drive spreadsheet that calculates the merger spreads.

I may do a follow-up post with thoughts on the merger.

*Disclosure:  Long KMI warrants and call options.