EQT Urges Shareholders to Skip White Proxy Card, Wait for Gold Card

The battle to control EQT continues. Yesterday we brought you the news that 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 asking them to vote on the white proxy card that will soon be issued (see Rice Brothers Drop 2 Proposed Board Members from Rice Proxy Card). Today we have EQT's response, which is a letter to shareholders asking them to "ignore any solicitation materials and discard any white proxy cards you may receive" and instead wait for EQT's soon-to-be-issued gold proxy card.

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