Knight is out, Kinder Morgan is (back) in

Knight Inc., the private pipeline and products transportation firm that was once known as Kinder Morgan Inc. is — once again — Kinder Morgan Inc.
Kinder Morgan went private in a $27.5 billion management-led buyout in 2007 (yes, the original estimate was $13 billion but was increased and changed with stock prices).
While the business has owned a variety of pipelines, commodity storage facilities and other businesses, it’s main assets have been the general partner and limited partner interests in Kinder Morgan Energy Partners, one of the largest publicly traded pipeline partnerships in the country, with more than $20 billion in assets.
The private company was renamed Knight after the nickname used by the investment bankers who helped with the going-private transaction. Spokesman Larry Pierce said the Knight name was no longer needed.

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