Scathing letter to Rice lays out stark differences in governance
Things have been steamy in Pittsburgh this spring when it comes to the future corporate governance for EQT Corporation (stock ticker: EQT, $EQT). The $10.7 billion (enterprise value) E&P has been on a rocky ride with the Rice family since EQT's acquisition of Rice Energy, announced  almost two years ago, created the largest U.S. natural gas producer.

As to the board and management team that the Rice family desires to be in place, in a statement today, EQT itemized what its current board is doing and included a very detailed letter to Toby Rice from all of its independent directors that outlines  Rice's proposals, calling them "counterproductive", "destabilizing" an...


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