Pipeline Giants Merger Still Possible After First Bid Fails

The Williams Companies may have rejected a $53.1 billion buyout bid from Energy Transfer Equity [ETE], but the potential buyer’s boss says this is just the beginning of the effort to merge the two fuel transport giants. “I believe that a combination of Williams’ assets with ETE will create substantial value that would not be realized otherwise,” Kelcey Warren, the CEO of Dallas-based ETE, said in a statement. “I am truly excited at the prospect of bringing together these two businesses under a common platform and creating…

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Pipeline Giants Merger Still Possible After First Bid Fails

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