What happens to future distributions with respect to WPZ Public Units?

Will Williams or Williams Partners file Form 8937, Report of Organizational Actions Affecting Basis of Securities, as a result of this transaction?

If the Merger is successfully consummated, all outstanding WPZ Public Units will be converted into the right to receive Williams Common Stock at the Exchange Ratio and will no longer receive quarterly distributions from Williams Partners. For a description of the differences between the rights of holders of Williams Common Stock and holders of WPZ Units, please read “Comparison of Rights of Williams Stockholders and WPZ Unitholders.”


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