TIMELINE-The bidding race for Southern Union
June 28, 2011 at 10:50 AM EDT
June 28 (Reuters) - U.S. pipeline operator Southern Union is the target of competing bids from Williams Companies Inc , for $39 a share, or $4.9 billion in cash, and Energy Transfer Equity LP (ETE) , which has proposed an all-stock deal at $33 a share, which was worth $4.1 billion.