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On Sept. 28, 2015, $WMB entered into a merger agreement with Energy Transfer Equity, L.P. (Energy Transfer) and some of its affiliates. The merger agreement provides that the company will be merged with and into the newly formed Energy Transfer Corp LP (ETC), with ETC surviving the ETC Merger. ETC will be publicly traded on NYSE under symbol ETC.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.