Williams sues Energy Transfer over preferred share offering
April 6 (Reuters) - Williams Companies Inc has sued Energy Transfer Equity LP to block a private preferred share offering disclosed last month, saying it was a breach of their merger agreement.
The offering provides certain Energy Transfer investors preferential treatment on its distributions, Williams said in a statement.
Williams also said it was suing Kelcy Warren, chairman of the general partner of Energy Transfer. (Reporting by Amrutha Gayathri in Bengaluru; Editing by Anupama Dwivedi)
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