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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.