To become less vulnerable to natural gas basis risk is a key reason Energy Transfer Equity LP (ETE) has aggressively pursued Southern Union Co., ETE Chairman Kelcy Warren said Thursday.
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ETE Intent on Securing Southern Union, Says Chairman
To become less vulnerable to natural gas basis risk is a key reason Energy Transfer Equity LP (ETE) has aggressively pursued Southern Union Co., ETE Chairman Kelcy Warren said Thursday.
August 8, 2011
SEC Said to Be Probing Possible ‘Overbooking’ of Shale Reserves
The Securities and Exchange Commission (SEC) “recently began serving” subpoenas on producers active in natural gas shale development, according to Baird Equity Research, which cited an “attorney advertisement” issued by Houston law firm Fulbright & Jaworski as its source.
August 3, 2011
Southern Union, ETE Come to Terms
Energy Transfer Equity LP (ETE) last Tuesday chipped in another 25 cents/share to up its bid for Southern Union Co. to $44.25/share for a total value of $9.4 billion in its second attempt to outbid Williams and secure the biggest pipeline deal of the year.
July 25, 2011
Bidding War Continues for Southern Union
Energy Transfer Equity LP (ETE) on Tuesday chipped in another 25 cents/share to up its bid for Southern Union Co. to $44.25/share for a total value of $9.4 billion in its second attempt to outbid Williams and secure the biggest pipeline deal of the year.
July 20, 2011
ETE Raises Southern Union Bid by 25 Cents/Share
The tug-of-war being played out for Southern Union Co. continued on Tuesday with Energy Transfer Equity LP (ETE) topping by 25 cents a $44/share offer by Williams. The $9.4 billion bid is the second time ETE has countered Williams’ offers for the Houston-based gas pipeline company.
July 20, 2011
Southern Union in the Catbird Seat, Agrees to Talks with Williams
An agreement to merge with Energy Transfer Equity LP (ETE) may be in place, but Southern Union Co. agreed Friday to discuss a higher offer from Williams.
July 18, 2011
Energy Transfer Warns Southern Union
The war of words continued on Wednesday between Energy Transfer Equity LP (ETE) and the object of its merger affections, Southern Union Co.
June 30, 2011
Energy Transfer Admonishes Southern Union
Energy Transfer Equity LP (ETE) on Wednesday warned potential takeover target Southern Union Co. that opening up separate discussions with Williams would be a “willful and intentional breach” of their merger agreement.
June 30, 2011
Energy Transfer, Southern Union: Big Foot Combo
The chairman of Energy Transfer Equity LP (ETE) said Thursday the merger with natural gas pipeline giant Southern Union Co. (SUG) will give the combined company more customer market access across the United States and alleviate growing takeaway issues in some burgeoning shale plays.
June 20, 2011
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