Energy Transfer Can Escape Williams Takeover, Judge Rules
Energy Transfer Equity LP can escape its deal to buy rival pipeline operator Williams Cos. after a Delaware judge ruled that its fears of an unexpected tax bill were genuine and not -- as Williams had argued -- a ploy to get out of an acquisition it no longer wanted.
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Published in | Dow Jones DBR High Yield |
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Main Authors | , , |
Format | Trade Publication Article |
Language | English |
Published |
New York
Dow Jones & Company Inc
26.06.2016
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Subjects | |
Online Access | Get full text |
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Summary: | Energy Transfer Equity LP can escape its deal to buy rival pipeline operator Williams Cos. after a Delaware judge ruled that its fears of an unexpected tax bill were genuine and not -- as Williams had argued -- a ploy to get out of an acquisition it no longer wanted. |
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