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Timothy Smith

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Timothy Smith

Re: eastunder post# 129

Thursday, 10/08/2015 6:17:23 PM

Thursday, October 08, 2015 6:17:23 PM

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Energy Transfer (ETE, ETP) and Williams Cos. (WMB, WPZ) are planning to sell WMB’s stake in one of Florida’s main interstate pipelines to win regulatory approval for $37B merger, Bloomberg reported earlier.

The companies anticipate that a sale of WMB’s 50% stake in the Gulfstream Natural Gas System will be required by the FTC, and WMB may explore selling its stake to Spectra Energy Partners (NYSE:SEP), according to the report.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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