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Williams, Energy Transfer agree not to seal proposed deal before March 18

Dec. 14, 2015 2:49 PM ETThe Williams Companies, Inc. (WMB) StockBy: Carl Surran, SA News Editor19 Comments
  • Williams Cos. (NYSE:WMB -3.9%) and Energy Transfer Equity (ETE -4.1%) say have entered into a timing agreement with the FTC not to consummate the proposed acquisition before March 18, or prior to 60 days after substantial compliance with the FTC's second request for additional information and documentary material.
  • ETE announced in September it had agreed to acquire Williams in a deal valued at ~$37.7B, including the assumption of debt and other liabilities.
  • Also: WPZ -0.3%, ETP -4.1%.

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