Scotia Capital Downgrades Williams Companies (WMB) to Sector Perform
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Energy Transfer Equity to Combine with Williams
September 28, 2015 7:00 AM EDTAnticipated Commercial Synergies Exceed $2 Billion of Incremental EBITDA by 2020
Up to $400 Million of Additional Cost Savings Expected from the Implementation of ETEs Shared Service Model
Williams Stockholders Can Elect to Receive Shares Issued by New ETE C-corp and/or Cash, Subject to Proration If Either is Oversubscribed
Transaction is Immediately Accretive to Cash Flow and Distributions for Both ETE and WMB
Williams Partners L.P. (WPZ) to Retain Its Name and Remain Headquartered in Tulsa
DALLAS & TULSA,... More
