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Williams Appeals Delaware Decision to End Pipeline Merger

Williams Companies shareholders voted in favor of a merger with Energy Transfer Equity, opening the way for Williams to file its appeal.
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Southern Union, the natural gas pipeline operator in the middle of a bidding war, said that it will engage in merger talks with Williams, just days after rival bidder Energy Transfer Equity moved to block the discussions.

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If Energy Transfer Equity can delay filing documents to complete its merger with the Williams Companies, it might not have to close the deal and pay a chunk of cash to shareholders.


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