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 Williams (NYSE:WMB) commented on the announcement by Southern Union Co. (NYSE:SUG) that the Special Committee of its Board of Directors has authorized Southern Union to engage in discussions with Williams regarding Williams' $44.00 per share all-cash proposal to acquire all the outstanding shares of Southern Union. The Special Committee of Southern Union made the determination to engage in discussions and to provide information to Williams pursuant to Section 5.4 of Southern Union’s merger agreement with Energy Transfer Equity, L.P. (NYSE:ETE).Alan Armstrong, Williams' President and CEO said, "We are confident that our all-cash, premium proposal is in the best interests of both companies' shareholders, and we are pleased that Southern Union will engage in discussions with Williams. We look forward to working together with Southern Union and to quickly executing a definitive merger agreement."Williams has a potential upside of 23.7% based on a current price of $29.74 and an average consensus analyst price target of $36.8.
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Video Length: 0
Date Found: July 15, 2011
Date Produced:
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 Grab Networks on AOL |
July 18, 2011
One of the original Shirelles, Shirley Alston Reeves, joins the Broadway show "Baby, It’s You" for a limited time.  Better talks to the legendary singer about joining the show based upon her life.
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 Grab Networks on AOL |
July 18, 2011
The experts at Better Homes and Gardens show you how to create the ultimate garden space — even with lack of sunlight.
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 Grab Networks on AOL |
July 18, 2011
Daru previews a program that teaches kids about yoga. 7/18
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 Grab Networks on AOL |
July 18, 2011
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 Grab Networks on AOL |
July 18, 2011
This video What is "baby bottle tooth decay"? is from the series Water, Sippy Cups And More
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