Williams shares up after closing final major asset sale - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Williams shares up after closing final major asset sale

Updated:
TULSA, Okla. (AP) -- Shares of Williams Companies rose Thursday.

Williams announced Wednesday night that it had closed sales of three natural gas plants to Inter Pipeline Fund. The plants sold for $536-million in cash.

This was Williams' last major sale of assets. In the past two years, the company has transformed itself from a fully integrated, diversified energy company to a company focusing on finding, producing, transporting and processing natural gas.

Williams narrowly avoided bankruptcy in August 2002.
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