EQT to Acquire Range Resources in $50 Billion Deal
EQT Corp announced it will acquire Range Resources in an all-stock deal valued at over $50 billion, including debt. The merger will create the largest vertically integrated natural gas producer in the US. Range Resources shareholders will receive 0.987 EQT shares per share, valuing Range at about $12.83 billion. EQT shares fell 4.6% premarket, while Range shares rose 10.1%.
HT World·




