EQT Issues Gold Proxy Card, Letter to Shareholders Refuting Rice Plan

On Monday Toby and Derek Rice--the Rice brothers (formerly owners of Rice Energy that sold itself to EQT in 2017) sent an open letter to EQT shareholders and a "white" proxy card, asking shareholders to vote for the Rices' picks as board members (see Rice Brothers Drop 2 Proposed Board Members from Rice Proxy Card). Yesterday EQT responded by issuing its own letter to shareholders along with a copy of a "gold" proxy card, which contains the names for EQT's board picks, calling them "highly qualified nominees."

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