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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (43185)	7/14/2011 10:52:07 AM
From: E_K_S	Read Replies (2) \| Respond to of 78519

Re: Southern Union Co. (SUG) Williams Companies, Inc. (WMB) Williams Raises Its Bid for Southern Union to $5.5 Billion July 14, 2011, 9:00 am - Mergers & Acquisitions dealbook.nytimes.com From the article:"...The Williams Companies on Thursday raised its offer for the Southern Union Company to $5.5 billion, extending a bidding war for the pipeline operator by topping a revised $5.1 billion bid from Energy Transfer Equity. Under the terms of its new offer, Williams would pay $44 a share in cash for Southern Union, above both its original $39 offer and the $40 cash-and-stock revised bid that Energy Transfer disclosed last week...." -------------------------------------------------------------------------------------------------------------------------- They must really want the company. However at some point they are going to over pay. There must be a lot of synergies in the deal where a combination of the companies is worth more together than as separate companies. The market seems to agree as both stocks are up on the news. EKS