HOUSTON, May 13, 2015 – Earlier today, The Williams Companies, Inc. announced a definitive agreement pursuant to which it will acquire all public equity of its MLP, Williams Partners L.P. The deal, valued at $13.8 billion, is structured as an all stock-for-unit transaction, with Williams Partners public unitholders receiving 1.115 Williams shares for each Williams Partners unit. Upon completion of the proposed transaction, the combined entity is anticipated to be one of the largest C-Corps in the energy sector.
Baker Botts, a leading international law firm, represented the Conflicts Committee of Williams Partners L.P. in the transaction.
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); Rachel Ratcliffe (Associate, Austin)
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