Complex sentence: It is part of the Terasen Inc (TSX: TER) group of companies, currently being acquired by the American Texas-based energy firm Kinder Morgan (NYSE: KMI).
Split into simpler sentences: It is part of the Terasen Inc (TSX: TER) group of companies. Terasen Inc. has been acquired by the American Texas-based energy firm Kinder Morgan (NYSE: KMI).