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UPDATE 1-Williams Co rejects $48 bln unsolicited offer

2015-06-22 05:28:45| Energy - Topix.net

Natural gas pipeline company Williams Companies Inc said on Sunday it is exploring strategic options after it received an unsolicited takeover proposal for $64 per share or $48 billion. Williams did not name the party who made the offer but it said its board determined the proposal "significantly undervalues" the company.

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