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(Reuters) - Pipeline operator Williams Cos (WMB.N) said on Thursday it will buy all outstanding shares of its master limited partnership William Partners LP (WPZ.N) for $10.5 billion.
The offer represents a premium of 6.4 percent based on Wednesday’s closing price, the company said.
Tulsa, Okla-based Williams owns about 74 percent of Williams Partners LP.
Reporting by Akshara P in Bengaluru; Editing by Gopakumar Warrier
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