KOCH ACQUIRES 9,271 MILE UNITED GAS PIPE LINE

Koch Industries Inc., Wichita, last week disclosed it has purchased United Gas Pipe Line Co. (UGPL) in a deal marking Koch's entry into regulated U.S. interstate gas transmission. Details of the purchase, including what Koch paid for UGPL's 9,271 mile interstate system, were not disclosed. But UGPL filings with the Federal Energy Regulatory Commission have pegged the value of its pipeline system hardware at more than $1.1 billion.

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