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EQT to acquire Alta Resources’ assets for $2.95bn Share 16 hours ago Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. EQT Corporation has agreed to acquire Alta Resources Development’s shale gas assets in the US in a cash and stock deal valued at $2.95bn. EQT will purchase Alta’s membership interests in upstream and midstream subsidiaries, as well as 300,000 acres in the Marcellus Shale. EQT expects the transaction to add about one billion cubic feet per day equivalent of gas production while its annual free cash flow by...

EQT Announces Transformative Transaction with Alta Resources Highly Economic Assets in the Core of the Northeast Marcellus News provided by Share this article Share this article PITTSBURGH, May 6, 2021 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that it has entered into a purchase agreement with Alta Resources Development, LLC (Alta), pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments. The transaction is expected to close in the third quarte...

EQT Announces Transformative Transaction with Alta Resources édité le 06/05/2021 - Plus de news de "EQT" - Voir la fiche entreprise de "EQT" EQT Corporation announced that it has entered into a purchase agreement with Alta Resources Development, LLC (Alta), pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments. The transaction is expected to close in the third quarter of 2021, with an effective date of January 1, 2021. Transaction Highlights:     . Projec...

EQT announces transformative $2.9 billion transaction with Alta Resources 5/6/2021 EQT Corporation today announced it entered into a purchase agreement with Alta Resources Development, pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.925 billion, subject to customary closing adjustments. The transaction is expected to close in the third quarter of 2021, with an effective date of January 1, 2021. "Today marks another major milestone for EQT as we continue on our path to becoming...

WeissLaw LLP is investigating whether EQT's board acted in the best interest of EQT's public shareholders in agreeing to the proposed transaction, whether the proposed share issuance is fair to EQT's shareholders, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to EQT's public shareholders.   WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtain...