Copano Energy (CPNO) announced after the bell Tuesday that it agreed to be acquired by Kinder Morgan Energy Partners (KMP) for approximately $5 billion. The transaction is expected to close in the third quarter of 2013.
Copano Energy gapped open dramatically higher Wednesday, but traded in a range for the majority of the session. The stock closed up by 4.90 at $38.03 on the highest volume of the year and leaped to a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.