In an amended merger agreement, Energy Transfer Equity (ETE) has increased its bid for Southern...

|About: Energy Transfer Equity, L.P. (ETE)|By:, SA News Editor

In an amended merger agreement, Energy Transfer Equity (ETE) has increased its bid for Southern Union (SUG) to $8.9B, or $40/share, from its original offer of $7.9B. The new proposal tops Williams' (WMB) $8.7B ($39/share) bid. SUG closed at $40.37 on Friday.