There is no termination fee for ETE in the contract...so nothing to try to negotiate lower. In fact, for all we know ETE could have already offered up $2B and WMB said no.
There is no WMP.
That would mean it needs to do something and think. Why do that when certain people will gladly spoon feed it.
You wasted the company's time by not looking it up yourself, which would take 10 seconds? Ignore.
Here's another obvious observation: We haven't voted on the merger yet.