Energy stocks and oil prices collapsed during the negotiation period, making the deal significantly less attractive to ETE.
In September 2015, Energy Transfer Equity, L.P. (ETE) announced a definitive agreement to acquire The Williams Companies, Inc. (WMB) in a cash-and-stock transaction valued at approximately $33 billion to $37.7 billion (including debt). The deal aimed to create one of the world's largest energy infrastructures, holding roughly 100,000 miles of pipelines. Key Deal Components energy transfer williams buyout
Williams shareholders were offered a combination of ETC common shares and cash ($6.05 billion in aggregate). Energy stocks and oil prices collapsed during the