EQT to Acquire Range Resources

Fried Frank is advising Evercore as lead financial advisor to Range Resources Corporation (Range) on its agreement to be acquired by EQT Corporation (EQT) in an all-stock transaction with a pro forma enterprise value over $50 billion.

The combination brings together two of the highest-quality natural gas assets in North America, creating America's largest and only vertically integrated natural gas producer with leading inventory depth and low-cost structure. For more on the transaction, which is expected to close in the first quarter of 2027, read Range's press release.

This transaction is a continuation of Fried Frank's work advising Evercore as the financial advisor on high-value deals. Most recently, the firm advised Evercore as the financial advisor to DTI on its agreement to acquire Saltire Energy Limited and Foxley Energy Limited, and the Special Committee of Slate Grocery REIT on its agreement to be acquired by a joint venture between Brixmor and affiliates of Everview Partners.

M&A and private equity partners Philip Richter and Roy Tannenbaum are leading the Fried Frank team, which includes M&A and private equity associate Travis Doyle.

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