EQT and Range Resources agree to merge in deal reported at $50 billion-plus

Reports from Reuters and the Financial Times describe EQT and Range Resources combining into a large US gas producer in a deal valued at over $50 billion. The WSJ reports it as a $13 billion stock swap, so the figures differ across outlets.

Timeline

1. 26 Oct, 11:40 UTCFinancial Times covers $50bn gas deal
2. 26 Oct, 11:50 UTCPicked up on News
3. 26 Oct, 11:50 UTCReuters reports $50 billion-plus gas deal

Top sources

• eqtGoogle Trends
• EQT to buy Range Resources in $50B all-stock deal, creating largest U.S. gas producer (EQT:NYSE)Seeking Alpha
• EQT to buy Range Resources in natural gas megadealFinancial Times
• EQT to Buy Range Resources in $13 Billion Stock SwapWSJ