Williams (WMB) -3.1% AH after announcing a 26M share stock offering, good for proceeds of $795M...

|About: Williams Companies Inc (WMB)|By:, SA News Editor

Williams (WMB) -3.1% AH after announcing a 26M share stock offering, good for proceeds of $795M based on today's close. Williams says it will use the proceeds to buy additional common units of subsidiary Williams Partners (WPZ), in order to finance the latter's acquisition of Caiman Midstream. (PR)