June 2011 Vol. 238 No. 6

Projects

Williams Companies Counters Energy Transfer's Southern Union Acquisition

Southern Union Company has confirmed receipt of a proposal by The Williams Companies, Inc. to acquire all of the outstanding shares of Southern Union for $39.00 per share in cash.

Energy Transfer Equity, the owner of Energy Transfer Partners announced plans to acquire Southern Union on June 16, in a $7.9 billion stock and debt deal.

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