Kinder Morgan Energy (KMP) Signs Deal with Crosstex (XTEX)Gas Treating Assets

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced that it has signed agreement to acquire the natural gas treating business from Crosstex Energy, L.P. (NASDAQ:XTEX) and Crosstex Energy, Inc. (NASDAQ:XTXI) for approximately $266 million, including working capital, subject to certain closing adjustments.