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EQT to acquire Range Resources, creating U.S. gas giant

Source: The Globe and Mail

M&A & RestructuringEnergy Markets & PricesCompany Fundamentals

EQT Corp. agreed to acquire Range Resources in an all-stock deal valued at more than US$50 billion, including debt. The companies said the combination would create the largest vertically integrated natural gas producer in the United States; the article gives no deal premium or market reaction.

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mildly positive

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EQT0.70
RRC0.70

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