Harwood Feffer LLP Announces Investigation of Williams Partners LP

NEW YORK, May 13, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Williams Partners LP ("Williams Partners" or the "Company") (NYSE: WPZ) concerning the proposed acquisition of the Company by The Williams Companies, Inc. ("WMB").

Under the terms of the transaction, the WMB would acquire Williams Partners for approximately $14 billion.  Williams Partners unitholders would receive 1.115 shares of WMB per unit of Williams Partners owned, or approximately $59.10.  According to Yahoo Finance, at least one analyst has set a target price for Williams Partners units of $66.00 per unit.

Our investigation concerns whether the Williams Partners board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Williams Partners units and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com

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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

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SOURCE Harwood Feffer LLP