Energy Transfer Tumbles as Chief Financial Officer Replaced

  • Takeover target Williams Cos. declines as much as 35%
  • Natural gas bankruptcies weigh on pipline company shares

Energy Transfer Equity LP, the pipeline conglomerate that’s agreed to buy Williams Cos., fell 42 percent after announcing the replacement of its chief financial officer amid investor concern that the deal is in trouble, analysts said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.