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Southern Union Accepts Energy Transfer Equity's Revised Bid to Purchase Company

Yesterday, Energy Transfer Equity, L.P. (ETE) announced that Southern Union Company accepted ETE’s revised bid to buy the company. According to an ETE media release, the deal will be worth a total of $9.4 billion, including $5.7 billion in cash. Southern
July 19, 2011

Yesterday, Energy Transfer Equity, L.P. (ETE) announced that Southern Union Company accepted ETE’s revised bid to buy the company. According to an ETE media release, the deal will be worth a total of $9.4 billion, including $5.7 billion in cash. Southern Union owns the Trunkline LNG import facility in Lake Charles, La.

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