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Energy Transfer to Acquire Williams Cos

Posted by September 28, 2015

Pipeline company Energy Transfer Equity LP said it would buy Williams Cos Inc in a cash-and-stock deal valued at about $37.7 billion, including debt.

Energy Transfer's offer of $43.50 per share represents a premium of 4.6 percent to Williams' close on Friday.

Williams stockholders electing to receive stock will get 1.8716 Energy Transfer shares for each Williams share held. (Reporting by Anannya Pramanick and Shubhankar Chakravorty

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