FERC Perk
Time for Williams Cos. to Round Up Its Partners
A FERC tax warning could push it to take out its MLP and maybe boost its stock.
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The latest indignity heaped onto master limited partnerships, courtesy of the FERC, has revived the question of which companies may abandon the model altogether. The Williams Cos. is a prime candidate.
We know this because -- in the dry dialect reserved for public communications with shareholders -- Williams pretty much said so, in a press release following the Federal Energy Regulatory Commission's tax ruling that sent MLPs reeling: