SEC Declares Registration Statement on Form S-4 “Effective” in Proposed Acquisition of Williams by Energy Transfer

Go back to SEC Declares Registration Statement on Form S-4 “Effective” in Proposed Acquisition of Williams by Energy Transfer

Energy Transfer Equity (ETE) Files Counterclaim vs. Williams (WMB)

May 26, 2016 4:40 PM EDT

Energy Transfer Equity, L.P. (NYSE: ETE) announced that it has filed its Affirmative Defenses and Counterclaim in the lawsuit brought by The Williams Companies, Inc. (NYSE: WMB) (Williams) in the Delaware Court of Chancery on Friday, May 13, 2016. The Affirmative Defenses and Counterclaim were filed under seal on May 20, 2016.

The Counterclaim alleges that Williams has breached the merger agreement entered into with ETE on September 28, 2015, by, among other things:

the Williams board of directors modifying or qualifying its approval and recommendation of the merger by,... More

Energy Transfer Equity (ETE) Slips to Session Low

May 25, 2016 12:52 PM EDT

Energy Transfer Equity (NYSE: ETE) declined to session lows Wednesday, falling over 8% intraday. Earlier Williams (NYSE: WMB) announced that it scheduled a special meeting of stockholders for Williams stockholders to vote on the transaction with ETE. Form S-4 was also declared effective by the SEC.

... More