Personally, I never liked the deal anyway.
Energy Transfer likely to take Williams deal to shareholder vote-CNBC
11:57 AM ET, 02/26/2016 - Reuters
(Corrects headline and paragraph 1 to say Energy Transfer is likely to take the proposed buyout to a shareholder vote, not that it will take a shareholder vote on the proposed buyout)
Feb 26 (Reuters) - Pipeline giant Energy Transfer Equity Lp is likely to take its proposed buyout of Williams Companies Inc to a shareholder vote, CNBC reported, citing sources.
Energy Transfer in September agreed to buy Williams in a deal valued around $33 billion at that time.
Energy Transfer did not immediately reply to a call and email seeking comment. (Reporting by Anet Josline Pinto in Bengaluru; Editing by Savio D'Souza)
And this from newswire on the 26th of February as well
Market Chatter: Williams Companies Edges Up After Report Thursday Energy Transfer Wants Out of Merger Deal
10:55 AM ET, 02/26/2016 - MT Newswires
10:55 AM EST, 02/26/2016 (MT Newswires) -- Williams Companies (WMB) is up more than 1% after the NYT reported on Thursday Energy Transfer Equity (ETE) is trying to pull out of its deal to buy the company for about $38 billion.
In recent weeks, the company considered, but never presented, an offer of a one-time payment more than $2 billion to Williams to walk away, according to two individuals with knowledge of the discussions who spoke on condition of anonymity because of nondisclosure agreements, the story said.
At Williams, the deal reportedly was hated by many from the start.
The story notes that Energy Transfer would have to either sell assets or raise additional debt to pay for the deal, but neither option is attractive considering the ongoing slump in energy prices.
Williams' shareholders still need to vote on the deal and could reject the deal, the story says.
Energy Transfer shares were last up 2.5%.
Price: 16.25, Change: +0.22, Percent Change: +1.37
"Then there was a woman, a lion of a woman."
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