On June 29, 2016, ETE issued a press release announcing the
termination of the Merger Agreement. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.
In accordance with General Instruction B.2 of Form 8-K, the information contained in this Item 7.01 of this Current Report on Form 8-K
(including the related exhibits) is deemed to be furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject
to the liabilities of that Section. The information contained in this Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933,
as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
||Financial Statements and Exhibits. |
||Energy Transfer Equity, L.P. Press Release dated June 29, 2016.|
This communication may contain forward-looking statements. These forward-looking statements may include, but are not limited to, statements
regarding the termination of the merger agreement between the Partnership and Williams and the ultimate outcome of any litigation between the Partnership and Williams with respect thereto. Forward-looking statements may be identified by the use of
the words anticipates, expects, intends, plans, should, could, would, may, will, believes, estimates,
potential, target, opportunity, designed, create, predict, project, seek, ongoing, increases or continue and
variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results to differ
materially from those described in the forward-looking statements. These assumptions, risks and uncertainties include, but are not limited to, assumptions, risks detailed from time to time in the Partnerships, ETPs, SXLs, and
SUNs filings with the SEC, which factors are incorporated herein by reference. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this communication are set forth in the
documents that the Partnership, ETP, SXL and SUN file from time to time with the SEC include, but are not limited to: (1) the ultimate outcome of the pending litigation between the Partnership and Williams; (2) the reaction of ETEs
unitholders, customers, employees and counterparties to the termination of the merger agreement; (3) diversion of management time on transaction-related and litigation-related issues; (4) unpredictable economic conditions in the United
States and other markets, including fluctuations in the market price of the Partnerships common units; and (5) the ability to maintain the Partnerships, ETPs, SXLs and SUNs current credit ratings. All
forward-looking statements attributable to the Partnership or any person acting on the Partnerships behalf are expressly qualified in their entirety by this cautionary statement. Readers are cautioned not to place undue reliance on any of
these forward-looking statements. These forward-looking statements speak only as of the date hereof. The Partnership does not undertake any obligation to update any of these forward-looking statements to reflect events or circumstances after the
date of this communication or to reflect actual outcomes.