Group of Williams shareholders against merger

Posted at 2:05 PM, Apr 27, 2016
and last updated 2016-04-27 15:22:33-04

TULSA – A group of shareholders connected to a prominent energy company are taking another step forward in the effort to stall an proposed merger that could take the company away from Tulsa.
A hearing is scheduled Thursday to discuss the motion to dismiss the complaint against the proposed Williams merger. According to court documents, the shareholder’s intent is to stop the merger from proceeding. 

Earlier this year, Williams Co. announced its plan to merge with Dallas-based Energy Transfer Corporation, LP.

In the filing, the merger proposal would reduce operations in Tulsa and Oklahoma City significantly.

The Williams Company board of directors already approved the merger agreement in September 2015. 

Stay in touch with us anytime, anywhere.

Download our free app for Apple and Android and Kindle devices.

Sign up for newsletters emailed to your inbox. Select from these options: Breaking News, Severe Weather, School Closings, Daily Headlines and Daily Forecasts.

Follow us on Twitter

Like us on Facebook