Current ETE Stock Info

Williams Companies claim Energy Transfer Equity is breaching their merger agreement
Williams Companies (ticker: WMB) is suing Energy Transfer Equity (ticker: ETE) for breaching their merger agreement. In September of last year, ETE offered to acquire Williams for total consideration of $37.7 billion, representing a 10% premium on WMB’s stock prior to the opening bell on September 28, when the deal was announced.

Energy Transfer Equity initially offered Williams $53.3 billion back in June 2015, which was turned down by WMB due to “undervalua...

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