Williams update/ From ETP/ETE earnings call TRANSCRIPT
The following is a transcript of an earnings call held by Energy Transfer Partners, L.P. (“ETP”) and Energy Transfer Equity, L.P. (“ETE”) at 8:00 a.m. Central time on August 6, 2015.
(Right before the Q&A session)
As has been highlighted in the media, we formally entered Williams’ strategic alternatives process. We were very impressed with the Williams team and found there to be very good chemistry between our teams when we met. We continue to believe in our ability to create significant value from this combination for all stakeholders. In fact, we remain very excited by the commercial and revenue synergy opportunities from this combination and believe that the magnitude of such opportunities will exceed what has been mentioned in various research reports.
Overall timing will be driven by The Williams board and their strategic alternatives process. Respecting the confidentiality and integrity of this process, we will not respond to questions on The Williams process on today’s call. We do understand people’s interest and desire for information. But, at this point, we can do no more than reaffirm our excitement about this transaction and the compelling strategic benefits of the proposed combination.
News 
Market Data 
Discover 
AI
