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Former Director Unveils Disputed Plan for Williams Board

By Tony Seruga

Keith Meister holds a large stake in the Williams Companies. CreditAndrew Harrer/Bloomberg

The Williams Companies, which recently lost a court battle to preserve a takeover by another pipeline operator, is facing a new fight. This time, it is from a former director who owns a big stake in the company and has an unconventional plan to overhaul the entire board.

Keith Meister, the managing partner of Corvex Management, which holds a 4 percent stake in Williams, issued an open letter to the rest of the shareholders on Wednesday and submitted the names of 10 nominees for directors at Williams. Investors will vote on board nominees at the company’s annual meeting in November…

Former Director Unveils Disputed Plan for Williams Board

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