Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Williams Rebuffs Enterprise Merger Bid
Real Assets

Williams Rebuffs Enterprise Merger Bid

by posted 2years ago 6292 views
Williams Cos. recently rebuffed a takeover bid by pipeline rival Enterprise Products Partners LP, the Financial Times reported Thursday, citing people briefed on the negotiations. Enterprise Products remains interested in a deal for Williams and may make another offer, according to the FT. Williams surged as much as 12 percent to $29.09 and was trading at $27.75 at 2:09 p.m. in New York. Enterprise Products initially rose before erasing gains to trade down 0.3 percent at $27.47. Enterprise Products spokesman Rick Rainey declined by phone to comment. Williams spokesman Lance Latham declined by e-mail to comment.