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US: EQT, Rice shareholders greenlight merger

By  |  November 9, 2017

EQT announced its shareholders have approved the pending transaction with Rice Energy (RICE) at a special meeting. Of the total shares cast, approximately 84% percent voted in favor of the proposal to issue stock for execution of the transaction.

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    EQT expects the transaction to close on Monday, November 13, 2017. Upon closing the Rice transaction, the company will establish a Committee of the Board to evaluate options for addressing the sum-of-the-parts discount. EQT’s Board will announce a decision by the end of the first quarter 2018.

    Full Content: Financial Times

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