Southern Union Company Up Nearly 15% in Pre-Market on Buyout Offer

Southern Union Company SUG is up nearly 15% in pre-market after the company received a buyout offer. Williams Companies WMB proposes to buy Southern Union SUG for $39 per share in cash. NOTE: Southern Union had previously received an offer of $33 per share in stock from Energy Transfer Equity ETE. Read more here. The company is currently trading at $39.16.