Energy Transfer Equity Announces Chancery Court Decision in Litigation with the Williams Companies

DALLAS--(BUSINESS WIRE)--Energy Transfer Equity, L.P. (NYSE: ETE) (“ETE” or the “Partnership”) today announced that the Delaware Court of Chancery has issued an opinion finding that ETE is contractually entitled to terminate its merger agreement with The Williams Companies, Inc. (“Williams”) in the event ETE’s counsel Latham & Watkins LLP (“Latham”) is unable to deliver a required tax opinion prior to the June 28, 2016 outside date in the merger agreement.