EQT agrees to acquire Range Resources
Bitget2026/10/26 10:18Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- EQT will acquire Range Resources in an all-stock transaction, creating a combined company with a pro forma enterprise value exceeding $50 billion.
- Each outstanding Range common share will be exchanged for 0.987 shares of EQT common stock.
- Existing EQT shareholders will own approximately 73% of the combined company; Range shareholders will hold approximately 27%.
- The combination targets $325 million in annual synergies within two years, with potential to exceed $600 million over the longer term.
- Closing is expected in the first quarter of 2027, subject to shareholder approvals and other customary conditions.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQT Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-112242), on October 26, 2026, and is solely responsible for the information contained therein.
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华尔街见闻•2026/11/10 23:03
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