Energy Transfer Partners (ETP) of Dallas is using Latham & Watkins for its pending acquisition of Dallas-based Regency Energy Partners in a transaction valued at about $18 billion, including assumed debt and other liabilities of $6.8 billion.

Baker Botts represents Regency, an oil and gas gathering and processing master limited partnership. Richards, Layton & Finger is advising ETP’s conflicts committee, and Akin Gump Strauss Hauer & Feld represents Regency’s conflicts committee.

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