Enterprise Products approached Williams over acquisition: sources

August 18, 2016 5:34 PM

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Enterprise Product Partners LP approached Williams Companies Inc earlier this summer about an acquisition that would combine the two U.S. oil and gas pipeline companies, people familiar with the matter said on Wednesday.

A rise in Williams' shares over the last two months means that Enterprise Product Partners's offer currently carries little or no premium, and Williams never made an official response to the approach, one of the people said. Enterprise Product Partners has not pursued the matter further either, the ...

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