The U.S. Securities and Exchange Commission has granted approval to Williams Cos. of Tulsa to its Form S-4 document required for shareholders to be able to vote on the controversial proposed merger with Dallas-based Energy Transfer Equity.
The approval came Wednesday in which the SEC ruled the form is “effective.” It is a document used by publicly-traded companies to register information related to a merger or acquisition and the approval was needed for the ETE merger to move forward.
With the approval, the Williams Cos. will be able to mail its shareholders information on the transaction and ballots to cast their votes either for or against the merger, according to The Tulsa World.
