Tulsa-based Williams buys all shares of unit in $10.5B deal
Tulsa-based Williams buys all shares of unit in $10.5B deal. TULSA, Okla. (AP) -- A Tulsa-based natural gas company has agreed to acquire all public equity of its subsidiary. The Tulsa World reports that Williams Companies will purchase all of the outstanding public common units of Williams Partners as part of an agreement announced Thursday. The announcement follows a Federal Energy Regulatory Commission decision earlier this year to revise a tax policy permitting master limited partnership interstate oil and natural gas pipelines to maintain an income tax allowance in cost-of-service rates.
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