Morgan Stanley Takes Control Of Pipeline Co. With GE Stake

Law360, New York (August 23, 2012, 6:38 PM EDT) -- Morgan Stanley's private infrastructure investment fund has bought out fellow shareholder GE Energy Financial Services Inc. to gain virtually full control of Southern Star Central Corp., a major Midwestern pipeline operator, the parties announced Thursday.

The acquisition gives Morgan Stanley Infrastructure Partners and affiliated funds all the common equity shares in Southern Star Central Gas Pipeline Inc., which runs a 6,000-mile natural gas transmission system and storage facilities that serve cities and power plants in Kansas, Oklahoma, Nebraska, Missouri, Wyoming, Colorado and Texas, according to parallel...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.