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EQT is buying Range Resources to create a U.S. leader. The deal carries a 21% premium; EQT CEO Toby Rice points to data-center demand as a driver of higher local production and potentially higher prices.
The deal includes debt and would create a top U.S. gas producer.
EQT plans to acquire Range Resources to create the largest U.S. natural gas producer.
The deal would create the top U.S. gas producer.
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.EQT on Monday said it would issue 0.987 shares, worth about $54.91 based on Friday's closing price, for each share of Range, a roughly 21% premium…
Reuters reports EQT will buy Range Resources.
Fitch assigned EQT Corporation a Short-Term Issuer Default Rating of F2 and rated its new commercial paper program F2. The agency said the outlook is stable.
On Thursday, Americold Realty Trust (NYSE: COLD ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary Americold Realty Trust reported a