EPD ownes 38 millions shares of ETE. Do you think they might influence the outcome? Throw alittle cash in and get say some pipelines/processing to share with ETE/ETP? EPD is much bigger than Williams and come out of this a winner in the end.
Correction. EPD sold a portion of its ETE units. It still owns a substantial number of ETE units. It does not own any ETP units. It sold about 4-5 million units out of approximately 38.5 million that it owned at the time.