Main Indiana Time Line
Where is Kryder's Money?
The Natural Gas Pipeline Company of America
and
North American Van Lines

THEBeginning of the Indiana ENRON Tour NATURAL GAS PIPELINE COMPANY OF AMERICA (Legal) Current Information Entity Legal Name: NATURAL GAS PIPELINE COMPANY OF AMERICA Entity Fictitious Name: Entity Address: 1301 MCKINNEY ST STE 3450, HOUSTON, TX 77010 General Entity Information: Control Number: 1996051792 Status: Active Entity Type: For-Profit Foreign Corporation Entity Creation Date: 5/23/96 Entity Date to Expire: Entity Inactive Date: Original Creation Date: 4/25/30 Original Creation State: DE Take the Indiana Enron Tour|Start Intro| Pipeline '30|Pipeline'36|Kinder Morgan '66|Summit Energy|1986|Pipeline|1986b|1989|1989b |Pipeline|Dynegy|Stock Deal '90|1993|Dynegy '93|1993b|Dynegy '93b|1993c|

Introduction

Reprinted

"North American Van Lines and Allied Van Lines Receive U.S. Antitrust Approval to Proceed with Merger. Issue: Sept 28, 1999 NEW YORK, Sept. 28 /PRNewswire/ -- Clayton, Dubilier & Rice, Inc. ("CD&R") announced today that the U.S. Federal Trade Commission ("FTC") has given clearance in accordance with the Hart-Scott-Rodino Act to proceed with the proposed merger of North American Van Lines and Allied Van Lines. In taking this action, the FTC has found the proposed merger satisfies its requirements with respect to the federal antitrust act. The approval follows CD&R's announcement on September 14 regarding its agreement to merge North American Van Lines with Allied Van Lines to create one of the world's largest and best known relocation and logistics companies. The merger, valued at approximately $450 million, will create a more effective global competitor with locations in 36 countries, including 1,100 agents in North America and worldwide revenues of more than $2 billion. North American will maintain the high profile brand names of both companies, which are among the most recognized household, commercial and industrial brands in the world. The leading brands include North American Van Lines in the U.S. and Canada; Allied Van Lines in the U.S. and Canada; Pickfords in the U.K.; and Allied Pickfords in Europe, Australia and Asia. The transaction is expected to be completed in November 1999. COPYRIGHT 1999 PR Newswire Association, Inc. COPYRIGHT 2000 Gale Group."


On December 3, 2001, two New York banks announced they would put up $1.5 billion to keep Enron afloat. Under the agreement with Citigroup and JP Morgan Chase, Enron would receive $250 million right away. Enron said the capital is secured by all the company' s assets.

Enron asked the court to reject Dynegy's claim to the 16,500-mile NNG system, which extends from Texas to the Great Lakes region. The NNG system contributed the most of any Enron segment, except its marketing and trading group which is now defunct.

In a lawsuit filed Dec. 3, Dynegy asked for enforcement of the award of the pipeline to Dynegy in exchange for the $1.5 billion in cash Enron received under the terminated merger agreement. The cash was given by Dynegy's major stakeholder, ChevronTexaco Corp..

Taking the pipeline means Dynegy also takes on $950 million in debt, including the cash infusions from investment banks which are secured by the pipeline.


On January 31, 2002, Dynegy Inc. announced it closed its acquisition of Northern Natural Gas (NNG). Enron maintains the option to repurchase the pipeline from Dynegy until June 30, 2002.


A July 30, 2002 business briefing announced Dynegy,Inc.agreed to sell the Northern Natural Gas Pipeline to MidAmerican Energy Holdings, a unit of Warren Buffet's Berkshire Hathaway, Inc., for 1.88 billion cash and assumed debt ($928 cash, $950 million debt).

 

Timeline of Relative Corporate Citations:

BERKSHIRE HATHAWAY INC (Legal) Current Information Entity Legal Name: BERKSHIRE HATHAWAY INC Entity Fictitious Name: Entity Address: 1440 KIEWIT PLAZA , OMAHA, NE 68131 General Entity Information: Control Number: 198011-880 Status: Withdrawn Entity Type: For-Profit Foreign Corporation Entity Creation Date: 12/31/80 Entity Date to Expire: Entity Inactive Date: 4/4/88 Original Creation Date: Original Creation State: DE

NORTHERN PLAINS NATURAL GAS COMPANY (Legal) Current Information Entity Legal Name: NORTHERN PLAINS NATURAL GAS COMPANY Entity Fictitious Name: Entity Address: 1111 S. 103RD ST , OMAHA, NE 68124 General Entity Information: Control Number: 2001041700046 Status: Active Entity Type: For-Profit Foreign Corporation Entity Creation Date: 4/12/01 Entity Date to Expire: Entity Inactive Date: Original Creation Date: 5/28/54 Original Creation State: DE

CITIGROUP MANAGEMENT CORP. (Legal) Current Information Entity Legal Name: CITIGROUP MANAGEMENT CORP. Entity Fictitious Name: Entity Address: 399 PARK AVE. , NEW YORK, NY 10043 General Entity Information: Control Number: 2002021200234 Status: Active Entity Type: For-Profit Foreign Corporation Entity Creation Date: 2/8/02 Entity Date to Expire: Entity Inactive Date: Original Creation Date: 10/28/99 Original Creation State: DE This entity is current with Business EnCtity Report(s). There are no other names on file for this Entity

J.P. MORGAN CHASE NATIONAL CORPORATE SERVICES, INC. (Legal) Current Information Entity Legal Name: J.P. MORGAN CHASE NATIONAL CORPORATE SERVICES, INC. Entity Fictitious Name: Entity Address: 270 Park Ave. 35th Floor, NEW YORK, NY 10017 General Entity Information: Control Number: 1996040349 Status: Active Entity Type: For-Profit Foreign Corporation Entity Creation Date: 4/9/96 Entity Date to Expire: Entity Inactive Date: Original Creation Date: 11/1/73 Original Creation State: NY This entity is current with Business Entity Report(s). Other Names for this Entity: Date Name (Type) 1/11/02 CHASE NATIONAL CORPORATE SERVICES, INC. (Former)

Proceed with the Indiana Enron Tour|Start Intro| Pipeline '30|Pipeline'36|Kinder Morgan '66|Summit Energy|1986|Pipeline|1986b|1989|1989b |Pipeline|Dynegy|Stock Deal '90|1993|Dynegy '93|1993b|Dynegy '93b|1993c|

Main Time Line

Back to the HOME PAGE

Where Is Kryder's Money?

http://www.frankkryder.com

Site by Leigh M. Fulghum
estate@frankkryder.com

2001, 2002, 2003