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20

Morning Agenda: Energy Transfer and Williams Near a Reckoning

By Tony Seruga

ENERGY TRANSFER AND WILLIAMS NEAR A RECKONING |Kelcy L. Warren, the chief executive of Energy Transfer Equity, has been scrambling to find a way out of a $38 billion merger with Williams Companies and his time is swiftly running out,
Julie Creswell and Leslie Picker report in DealBook.

The deal is now worth only about $20 billion and has led to three lawsuits filed by Williams against his company and one filed against him personally.
Williams shareholders will vote in a week on the merger and the two sides will meet on Monday in a Georgetown, Del., courtroom, where lawyers will analyze the fine print of their merger agreement…

Morning Agenda: Energy Transfer and Williams Near a Reckoning

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