Energy Transfer Partners

Appaloosa Management Founder Tepper, Acquired Millions of Shares from Energy Transfer Partners and Kinder Morgan

David Tepper, the pioneer in distressed debt, buys millions of shares in Energy Transfer Partners and Kinder Morgan in the face of plaguing oil slump and toxic energy market. He has tapped these pipeline companies after strengthening his US equity holdings by 56% last quarter.

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Energy Transfer Partners to buy Sunoco for $5.3 billion

Pipeline operator Energy Transfer Partners LP said it will buy Sunoco Inc for $5.3 billion in stock and cash.

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