Natural gas pipeline company Energy Transfer Partners is buying Sunoco in a deal valued at about $5.3 billion.
The acquisition would give Energy Transfer the capability to transport crude and other liquid hydrocarbons that are being produced in greater quantities thanks to the boom in shale drilling. Sunoco's pipelines crisscross the country, connecting the Great Lakes and Northeast to America's refining center along the Gulf Coast.
Pop singer Katy Perry became known for her song "I Kissed a Girl," and that became a problem for Katie Perry, a marketing manager at a New York advertising agency.
