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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