Skadden Steers Spectra's $1.5B US-Canada Pipeline Buy

By Liz Hoffman (December 11, 2012, 2:09 PM EST) -- Spectra Energy Corp. said Tuesday it will pay $1.49 billion to buy the Express-Platte System, one of three major pipelines that bring Canadian crude oil to U.S. refineries, from Kinder Morgan Energy Partners LP and two Canadian pension plans to grow its crude delivery system in the American West....

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