In 'Cash Is King' World, A Flurry Of Stock Deals

Law360, New York (April 23, 2013, 5:26 PM EDT) -- A flurry of recent stock deals — for Copano Energy LLC, Berry Petroleum Corp. and others — are a counterpoint to the “cash is king” mantra that has ruled post-2008 takeovers, and experts say stable and rising stock valuations could fuel the trend.

Kinder Morgan Inc. is buying Copano, a midstream gas partnership, for $3.3 billion in stock. Linn Energy LLC used the shares of a listed affiliate to buy Berry for $4 billion. American Capital Realty Properties Inc. is offering shareholders of Cole REIT III...
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