Williams Reorganizes to Focus on NatGas and “Drive Value”

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As the World TurnsWilliams continues to tread water as it is under assault by corporate raiders who want to toss out Williams management, fire a bunch a people and sell the company. We've chronicled the chaos endlessly (see our Williams stories here). It seems like every day there's something new in this soap opera. Here's the latest: Williams announced yesterday the company is streamlining its operations by consolidating what is currently five business units into three units: (1) Atlantic-Gulf, (2) West and (3) Northeast Gathering & Processing. The stated purpose is to "advance a natural gas-focused strategy" and to "drive value." Here's the details...

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