Williams Mulling Unit Spin Off;Joins El Paso in Spending Cuts

摘要

In a move praised by analysts,US independent exploration and production company Williams said last week that it is considering a strategic reorganization involving a possible spin off of one or more of its primary business segments."We've created significant value for shareholders,including a 128% three-year return through 2007,[but]the market is not recognizing the value of the company[under its current structure]" Chief Executive Steve Malcolm said in a statement.