Energy Transfer Equity and Southern Union Announce Improved Agreement for $9.4 Billion, Including $5.7 Billion in Cash and ETE Common Units

Energy Transfer Equity, L.P. ETE and Southern Union Company SUG today announced that they have entered into an amended and restated merger agreement under which ETE will acquire SUG for $9.4 billion, including $5.7 billion in cash and ETE common units.