Williams Companies Counters Energy Transfer’s Southern Union Acquisition

June 2011 Vol. 238 No. 6

Southern Union Company has confirmed receipt of a proposal by The Williams Companies, Inc. to acquire all of the outstanding shares of Southern Union for $39.00 per share in cash.

Energy Transfer Equity, the owner of Energy Transfer Partners announced plans to acquire Southern Union on June 16, in a $7.9 billion stock and debt deal.

See more information from coverage by The American Lawyer.