EQT and Range Resources Strike a Deal to Create US Natural Gas Giant
EQT and Range Resources have reached a deal to create a US natural gas giant, Reuters reports.
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10:42:32 AM UTC
SquawkNews
FOKUS 2-EQT und Range Resources schließen einen Deal über mehr als 50 Milliarden Dollar ab, um einen
11:10:08 AM UTC
SquawkNews
By Colin KellaherEQT Corp. has struck a deal to buy Range Resources in a stock swap worth nearly $13 billion that would create a U.S. natural-gas giant focused in the Appalachian Basin, America's largest natural-gas producing region.EQT on Monday said it would issue 0.987 shares, worth about $54.91…