Williams Reorganizes to Focus on NatGas and “Drive Value”

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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