Faruqi & Faruqi, LLP Announces the Investigation of The Williams Companies, Inc. (WMB) Over the Proposed Sale of the Company to Energy Transfer Equity, L.P.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of The Williams Companies, Inc. (“Williams” or the “Company”) (NYSE:WMB) for potential breaches of fiduciary duties in connection with the sale of the Company to Energy Transfer Equity, L.P. for approximately $37.7 billion.
The Company’s stockholders can elect to receive $43.50 in cash or 1.8716 Energy Transfer common shares for each Company share they own. However, at least one analyst has set a target price of $63.00 per share and Company shares have traded at $58.77 as recently as July 14, 2015.
If you own common stock in Williams and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
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