Williams Companies Shares Down 15%; Williams & ETE Will Not Restructure Deal Teams

Shares of Williams Companies Inc WMB have fallen almost 75 percent since July 2015's $61.38 high.

In September, Energy Transfer Equity LP ETE and Williams reached a deal for $32.6 billion. CNBC's David Faber reported on Tuesday that the deal would not be restructured.

ON Tuesday afternoon, ETE shares were down roughly 14.5 percent to $8.80, while Williams shares were down 15.8 percent at $15.71.