Deals
Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Houston-based Kinder Morgan agreed to buy El Paso Corp. for $21.1 billion in a deal that will create the largest natural-gas pipeline network in the U.S.
2. Norway’s No. 1 oil company, Statoil, is acquiring Brigham Exploration for about $4.4 billion, snapping up U.S. shale assets to make up for declining North Sea production.