EQT to Acquire Range Resources in All-Stock Deal
EQT will exchange 0.987 EQT shares for each Range Resources share. The deal is expected to close in Q1 2027, subject to approvals.
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10:14:11 AM UTC
SquawkNews
*--EQT Agrees to Acquire Range Resources in $50 Billion All-Stock Transaction
10:23:33 AM UTC
SquawkNews
EQT entered into a merger agreement to acquire Range Resources in an all-stock transaction. Range shareholders will receive 0.987 EQT shares for each Range share, with cash paid in lieu of fractional shares; existing EQT shareholders and Range stockholders are expected to own approximately 73% and…
EQT entered a definitive deal to acquire Range Resources in an all-stock transaction, exchanging each RRC share for 0.987 EQT shares. Closing is expected in Q1 2027, subject to approvals.Material DetailsContext by AI AnalystThis is a major consolidation step for EQT, aligning with its strategy to s…