Private Equity Turns its Attention to Energy
Aug. 20 (Bloomberg) -- Bloomberg's Jason Kelly discusses private equity's interest in energy as Kinder Morgan Energy Partners LP, the second-largest U.S. pipeline partnership, agreed to sell assets in the Rocky Mountains to private-equity backed Tallgrass Energy Partners LP for $1.8 billion in cash, a divestiture promised to antitrust regulators. He speaks on Bloomberg Television's "Money Moves."
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Canadian National Beats Estimates After Cutting Costs
05:29 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)