Items Tagged with 'partners'

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Williams, Williams Partners Agree on $11.4B IDR Waiver; Plan to Simplify Structure

Williams (WMB) and Williams Partners LP (WPZ) Monday afternoon said they have agreed to an incentive distribution rights (IDR) waiver transaction worth about $11.4 billion, bolstering WPZ's credit rating and lowering its cost of capital. WMB also said it has identified further noncore assets to be sold and announced a public offering of 65 million common shares. Read More