There is still some hope for a merger, and an additional servance check, sec cleared the last regulatory hurdle under normal conditions shareholders would be celebrating, especially since the price of oil and natural gas is skyrocketing making the deal worth probably about a billion dollars per year for the shareholders. Unfortunately since lAwyers are now involved I don't expect anything to get done expect for the lawyers to make a big paycheck and drag things out. Don't count on another check
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Get ready for the next roundup of Williams layoffs - the lawyers need to be able to pay for their latest summerhouse.
Williams corporate management culture (top to bottom) is full of nothing but empty slogans and slimey high paid liars. Blow some more sh?t up and act like you care for the lowly commoners. What a joke.
I agree with all the replies. Williams and ETE and their bloated layer's of President 's, Vice President's, Director's, Manager's, Supervisor's, etc - can gag on their own garbage. What a truly ridiculous display of no remorse for the folks that have had their years of hard work and livelihood trashed by this convoluted display of total misdirection and at an ongoing incredible cost. If this merger does not go through - both Williams and ETE Corporations and their upper management will certainly have lost the respect of the shareholders, pipeline industry. energy sectors and financial (institution(s) - all of them can't believe this "merger drama" free fall I suspect Williams will be really ripe for yet another messy hostile takeover once again- if this merger goes south.
Get this thing done - Williams and ETE. Pull it together folks.
Sounds like a modern day version of " ENRON" - only we should expect ethics and lessons learned by ALL now...
Merger yes. Lawyers no. What is the "true" agenda?
I voted yes for the merger. CEO's - do your "jobs", get rid of your slimey lawyer's, step up and complete this "merger".
Looks like there's renewed promise for the deal. It felt really good to vote yes for the merger. That additional $19K check would be nice!!!
I agree 110 percent. You are absolutely correct. While I don't want anybody lose a job, this bloated ship will need to be reduced in weight, it can happen quickly through a merger and greatly benefit the shareholders or continue for years as is.
The shareholders are not like the "political" culture of self preservation that is now WIlliams and ETE -(layer's of President 's, Vice President's, Director's, Manager's, Supervisor's, etc.. all practicing self -preservation, whilst telling the field workers that they are "the companies most important assest's). Yeah right. Anyways, I have not seen any professional financial institution, that having weighed the pro's and con's (despite the childish and costly aspects of this tangled "merger" from day one") that has evaluated the merger in detail and not had the final opinion that the merger would not only immediately benefit both Williams and ETE , but more pertantly and of more concern - the shareholders. The shareholders are truly the most concerned about the bottom line as opposed to the corporate mentality of saving their own personal skins at any cost - while cutting the "little folk" that kept the companies day in and day out activities alive. Don't loose faith yet.