sdb, no need for a link, it is true , Just read the news,
NEW YORK (TheStreet) -- Shares of Energy Transfer Equity (ETE) advanced 2.25% to $14.11 in Tuesday's trading session after Barclays reinstated coverage with an "overweight" rating and $20 price target on the stock.
He did not need to say why as we all know the reason.
This whole issue of merger is just getting ridiculous to a point of making WMB lose a great deal of money as the stock has already lost 65% of its value. Why could the CEO not find a similar deal elsewhere ?
of WMB to incist on merging with ETE when the court has decided otherwise. Please vote NO today even though your decision will count for nothing. What a mess this whole thing has been of waste of time and money !
pjh, I agree with you that a merger could be detrimental to both companies as the transaction could and will be lengthy and costly not to mention huge layoff of employees as the resulting company restructures. The Nokia-Alcatel-lucent merger is an example that never substantiated and still is facing serious problems.
To all WMB's shareholders I would wisely recommend to vote NO to the merger, on June 27.