Energy Transfer CEO Feared Deal Would Cause ‘Implosion’By and
Companies facing off in Delaware court over faltering merger
Judge hearing evidence about whether deal can be consumated
Energy Transfer Equity LP CEO Kelcy Warren feared that pushing ahead with a merger with rival pipeline operator Williams Cos. after a plunge in oil prices would prompt analysts to downgrade the company and cause an “implosion,” the firm’s former top financial executive said.
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