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Baker Botts Represents Williams Partners (WPZ) in $50 Billion Merger with Access Midstream Partners (ACMP)

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HOUSTON, October 26, 2014 -- Earlier today, The Williams Companies, Inc. (NYSE: WMB), Williams Partners L.P. (NYSE: WPZ) and Access Midstream Partners, L.P. (NYSE: ACMP) announced that Williams Partners and Access Midstream Partners have entered into a merger agreement to combine the two master limited partnerships in a transaction valued at approximately $50 billion. The merger would create a premier large-cap MLP with expected 2015 adjusted EBITDA of approximately $5 billion and expected 10% to 12% annual distribution growth through the 2017 guidance period.

Baker Botts represented the Conflicts Committee of Williams Partners.

Baker Botts Lawyers/Office Involved:
-- Corporate: Josh Davidson (Partner, Houston); Tull Florey (Partner, Houston); Travis Wofford (Associate, Houston); Alyssia Bernazal (Associate, Austin); Jennifer Wu (Associate, Austin); Sarah McDermand (Associate, Houston)
-- Tax: Michael Bresson (Partner, Houston); Chuck Campbell (Special Counsel, Houston)
-- Litigation: David Sterling (Partner, Houston); Bill Kroger (Partner, Houston); Danny David (Partner, Houston)

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About Baker Botts L.L.P.
Baker Botts is an international law firm of approximately 700 lawyers practicing throughout a network of 15 offices around the globe. Based on our experience and knowledge of our clients’ industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Throughout our 174-year history, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit BakerBotts.com.

 

 

 

 

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