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$WMB and $WPZ closed sale of their Canadian businesses to Canada-based Inter Pipeline. The combined cash proceeds amounted to C$1.38Bil between partnership and company. $WMB agreed to waive $150MM of incentive distribution rights in quarter after closing to facilitate $WPZ's consent to sale in recognition of value of inter-company contracts.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.