WAYNE, Pa., Sept. 29, 2015 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Williams Companies, Inc. ("Williams" or the
"Company") (NYSE: WMB) concerning possible breaches of fiduciary
duty and other violations of law related to the Company's efforts
to sell the Company to Energy Transfer Equity, L.P. ("ETE") in a
transaction valued at approximately $37.7
billion.
If you own shares of Williams and would like to learn more about
this class action or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/wmb. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the agreement, Energy Transfer Corp LP
("ETC"), an affiliate of ETE, will acquire Williams at an implied
current price of $43.50 per Williams
share. Williams' stockholders will have the right to elect to
receive as merger consideration either ETC common shares, which
would be publicly traded on the NYSE under the symbol "ETC", and /
or cash.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Williams for not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old
Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/wmb
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP