American Electric Technologies (AETI)

[timhyma]

5:39PM Williams Pipeline Partners L.P. files registration statement for proposed IPO (WMB) 32.43 +0.40 : Co announced that Williams Pipeline Partners L.P. has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed underwritten initial public offering of common units representing limited partner interests. Williams Pipeline Partners anticipates offering 13 mln common units in the IPO, representing a 53.6%limited partner interest. Following this offering, a subsidiary of Williams will own the 2% general partner interest, all of the incentive distribution rights, and a 44.4% limited partner interest in Williams Pipeline Partners.