Energy Transfer Equity LP said Wednesday that it had terminated its merger agreement with rival pipeline operator Williams Cos., a deal valued at nearly $33 billion when it was signed last year. The move was widely anticipated after a Delaware judge ruled on Friday that Energy Transfer could back out, since its lawyers couldn’t deliver a necessary opinion on the deal’s tax treatment. Williams has... But the fight may not be over.

Source: Wall Street Journal June 29, 2016 06:39 UTC