Current EQT Stock Info

Tax-free separation creates two Appalachian-based energy companies
EQT Corporation (ticker: EQT) has approved a plan to separate its upstream and midstream businesses, creating a standalone publicly traded corporation (NewCo) that will focus on midstream operations. The separation is intended to qualify as tax-free to EQT shareholders for U.S. federal income tax purposes, and is expected to be completed by the end of the third quarter 2018.

Under the separation plan, EQT shareholders will retain their shares of EQT stock and receive a pro-r...

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