More Rice Bros. vs. EQT Intrigue – Better than Dynasty & Dallas!

Remember the Carrington’s from the 1980s prime time soap Dynasty? Or how about the Ewings, as in J.R. and Bobby, from the prime time soap Dallas? No, we’re not talking about the remakes of those shows appearing in recent years. We’re talking about the originals. Both shows revolved around oil families of immense wealth–one in Colorado, the other in Texas. We have a real-life version of Dynasty and Dallas playing out right now–in Pittsburgh–with the Rice brothers and EQT. Not all the sex stuff–get your head straight! We’re talking about the backroom deals and bare-knuckle politics stuff. Last week we told you that Toby and Derek Rice, formerly of Rice Energy, have launched an effort to take over the company they sold Rice Energy to (see Rice Brothers Attempt to Take Over EQT, Install Toby as CEO). Earlier this week we told you that EQT Chairman Jim Rohr and CEO Rob McNally want to “talk” (yell, scream?) some more with the Rice boys (see EQT Chairman Rohr & CEO McNally Ready to “Talk” with Rice Boys). According to an article appearing in the Wall Street Journal, the Rice boys have more backing for their takeover plan, from Elliott Management. The details that leaked say the Rices want to replace Rohr and McNally. This is epic.

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