Williams Partners Buys Alberta Assets for $1.2 Billion

Williams Partners LP (WPZ) agreed to buy Alberta operations from Williams Cos., the pipeline company that controls it, for $1.2 billion.

The acquisition includes a processing plant near Fort McMurray, about 260 miles of pipelines and other facilities, the Tulsa, Oklahoma-based partnership said in a statement today.

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

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