termination

Western Energy demands $20 million termination fee from Savanna Energy

Demand for payment provides Savanna with 5 business days to pay termination fee Western Energy Services Corp.  announced it issued a formal demand for payment to Savanna Energy Services Corp. for payment of a termination fee in the amount of $20,000,000 in respect of the arrangement contemplated by between Western and Savanna, according to a Western […]

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ETE officially terminates Williams merger, Williams prepared to fight

On June 20th, a Williams Cos Inc board member testified she felt pressured by her own company to support the $20 billion merger DALLAS-Energy Transfer Equity, L.P. announced termination of its merger agreement with The Williams Companies, Inc. effective June 29. This news comes as Williams announced that shareholders on June 27th voted in favour of the merger. “During

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