S&P Places Williams Cos. (WMB) on CreditWatch Developing
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Energy Transfer Equity Confirms Proposal to Merge with Williams
June 22, 2015 12:00 AM EDTTransaction would transform the U.S. midstream sector, creating one of the largest U.S. energy groups
Williams stockholders would receive shares issued by new ETE C-corp
Proposal offers 32.4% premium to Williams stockholders with a high degree of transaction certainty
Transaction would be compelling to all stakeholders
DALLAS--(BUSINESS WIRE)-- Energy Transfer Equity, L.P. (NYSE: ETE) (ETE) today confirmed that it has made a proposal to merge with The Williams Companies, Inc. (NYSE: WMB) ("Williams" or "WMB") in an... More
