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Energy Transfer Equity Confirms Proposal to Merge with Williams

June 22, 2015 12:00 AM UTC

Transaction 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