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Charles Koch

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  • *To pay minority shareholders $14 in cash for each PetroLogistics unit. May 28- A Koch Industries Inc unit will take PetroLogistics LP private in a deal worth $2.1 billion, including debt, gaining control of a plant that can convert cheap U.S. shale gas into propylene, a key petrochemical used to make plastics.

  • May 28- Propylene producer PetroLogistics LP said it would be taken private by a unit of Koch Industries Inc in a deal worth $2.1 billion, including debt. The unit, Flint Hills Resources LLC, will pay $14 in cash for each PetroLogistics unit to minority shareholders who own 27 percent of the company.

  • Do the rich rule America? Not really Tuesday, 22 Apr 2014 | 1:02 PM ET
    The rich are a varied group with a range of opinions. While Thomas Steyer, founder of Farallon Capital Management, pictured here, opposes the Keystone Pipeline, other wealthy individuals such as T. Boone Pickens support it. That complicates studies about the wealthy's political views.

    The media have seized on a recent study that shows that a powerful "American elite" rules America. It's a scary finding. But a closer look suggests it's not that simple.

  • FACTBOX-The wealthy behind U.S. presidential race Friday, 26 Oct 2012 | 9:48 PM ET

    Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.

  • INSIGHT-In California, the Mungers haunt Jerry Brown Wednesday, 3 Oct 2012 | 7:00 AM ET

    SAN FRANCISCO, Oct 3- California Governor Jerry Brown has a problem. Yet Molly Munger and Charles Munger Jr., children of Warren Buffett's business partner, Charles Munger, Sr., have together become Brown's worst nightmare as the November election approaches.