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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