- EQT Corp. (NYSE:EQT +0.9%) and Rice Energy (RICE +0.7%) say their shareholders have approved the merger of the two companies, finalizing a combination of two of the Marcellus Shale producers to create the largest natural gas producer in the U.S.
- EQT stockholders approved the merger with a preliminary tally of 84%, while Rice holders registered 74% approval; final tallies will be announced later, and the deal is expected to close on Monday.
- EQT reiterates its plan to form a board committee to evaluate options for addressing the sum-of-the-parts discount, with a decision expected by the end of Q1 2018.