Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Williams Partners, L.P. May Not Be in Its Investors Best Interests
NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Wolf Popper LLP is investigating claims on behalf of investors in Williams Partners, L.P. (NYSE: WPZ), concerning the proposed acquisition of Williams by Access Midstream Partners, L.P. (NYSE: ACMP). Williams' unitholders seeking more information about this acquisition are advised to contact Carl Stine at (212) 759-4600 or [email protected].
The investigation concerns whether the proposed transaction would fail to adequately compensate Williams' unitholders through an unfair exchange ratio. Under the terms of the agreement, Williams will merge with a subsidiary of Access Midstream in a unit-for-unit exchange at a ratio of 0.86672 Access common units per Williams common unit, giving an implied value of $52.72 per unit or approximately $24.5 billion. However, this implied value is significantly below the median of analyst price targets of $59.15 and below the company's 52-week high price of $55.87.
Wolf Popper LLP has extensive experience representing investors in mergers and acquisition lawsuits and has successfully ensured that investors receive the maximum compensation. Twelve Wolf Popper attorneys were named Rising Stars or Super Lawyers in the 2014 Super Lawyers New York City Metro Edition, including Wolf Popper partner Carl Stine, who was included in the Super Lawyers Top 100 List for the New York City Metro area. View Wolf Popper attorney biographies at www.wolfpopper.com.
Attorney Advertising: Prior Results Do Not Guarantee A Similar Outcome.
Wolf Popper LLP
845 Third Avenue
New York, New York 10022
Telephone: 212-759-4600
Toll Free Tel: 877-370-7703
Toll Free Fax: 877-370-7704
Email: [email protected]
SOURCE Wolf Popper LLP
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