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EQT Corporation proposed to acquire Range Resources in a deal valued at $13 billion, according to an SEC filing and accompanying Forbes article. The combined company would have an enterprise value of $50 billion, control 25% of the Marcellus shale, and produce 36 billion cubic feet of natural gas per day.
“The combined company would have an enterprise value of $50 billion, 2.8 million acres, production of 36 billion cubic feet of gas a day and 3,700 miles of pipelines.”stocktitan.net
Summarized from public sources; check the original articles before acting on it.