Williams Cos. Inc. closed its public offering of 65 million common shares priced at $29 each, the company said Jan. 13.
The net proceeds of about $1.88 billion were used to purchase newly issued common units representing limited partnership interests in Williams Partners LP. The units were priced at about $36 each.
Underwriters received a 30-day option to purchase 9.75 million additional shares.
Morgan Stanley is the book-running manager, Tulsa, Okla.-based Williams said.
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