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Home>Energy Transfer Can Escape Williams Takeover, Judge Rules

Energy Transfer Can Escape Williams Takeover, Judge Rules

3party Content

Fri, 24 Jun 2016

Energy Transfer Equity LP can escape its deal to buy rival pipeline operator Williams Cos. after a Delaware judge ruled that its fears of an unexpected tax bill were genuine and not—as Williams had argued—a ploy to get out of an acquisition it no longer wanted. Vice Chancellor Sam Glasscock III
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