NEW YORK, May 13, 2015 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Williams Partners LP ("Williams Partners" or the
"Company") (NYSE: WPZ) concerning the proposed acquisition of the
Company by The Williams Companies, Inc. ("WMB").
Under the terms of the transaction, the WMB would acquire
Williams Partners for approximately $14
billion. Williams Partners unitholders would receive
1.115 shares of WMB per unit of Williams Partners owned, or
approximately $59.10. According
to Yahoo Finance, at least one analyst has set a target price for
Williams Partners units of $66.00 per
unit.
Our investigation concerns whether the Williams Partners board
of directors is fulfilling its fiduciary duties, maximizing the
value of the Company, disclosing all material benefits and costs,
and obtaining full and fair consideration for Company
stockholders.
If you own Williams Partners units and wish to discuss this
matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP