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Re: eastunder post# 72

Sunday, 09/13/2015 12:52:58 AM

Sunday, September 13, 2015 12:52:58 AM

Post# of 226

Spectra Energy (NYSE:SE) has exited the auction process for Williams Cos. (WMB, WPZ), increasing the possibility that Energy Transfer Equity (ETE, ETP) could succeed in buying the company, Reuters reports.

ETE and WMB are said to be negotiating and trying to agree over the share portion of the offer, with ETE offering new shares that have never traded in the public market and WMB viewing the valuation for those shares as untested.

ETE has hinted that it could launch a hostile takeover if discussions fall through.

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