Dennis Degner

Money Moves

Will join EQT's board when the merger closes; the board expands to 12 seats with two Range designees

EQT agreed on Oct. 26 to buy Range Resources in an all-stock deal that would make it the largest US natural gas producer. Range shareholders get 0.987 EQT shares for each share they own, about 27% of the combined company, in a transaction valued at $13.7 billion including $881 million of Range debt.

Updated Nov 3