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Southern Union (SUG) says it will enter into negotiations with Williams Cos. (WMB), which just...

Southern Union (SUG) says it will enter into negotiations with Williams Cos. (WMB), which just upped its bid for the natural gas pipeline operator to $44/share. SUG's board still recommends Energy Transfer's (ETE) earlier bid, and its decision to provide non-public information does not mean the revised Williams proposal is superior.
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