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New Energy Transfer Family Would Include 6 Companies

Investors in Energy Transfer Equity (ETE) weren’t happy when the company announced Monday it is buying The Williams Companies (WMB). Williams investors were disappointed at the purchase price, but Energy Transfer shareholders were also unhappy with the complex transaction and sold off their shares.

A new report from independent corporate bond research firm Gimme Credit, points to why investors may be troubled — the Energy Transfer family is getting really huge and complex.

If approved by shareholders, ETE, a master limited partnership, will...


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