Rice Energy (RICE) Misses Q3 EPS by 58c, Miss on Revenues

Go back to Rice Energy (RICE) Misses Q3 EPS by 58c, Miss on Revenues

EQT Corp. (EQT) Says Proxy Advisory Firms Glass Lewis and Egan-Jones Join ISS in Recommending Shareholders Vote for Pending Acquisition of Rice Energy (RICE)

October 31, 2017 6:34 AM EDT

EQT Corporation (NYSE: EQT), today announced that Glass Lewis & Co. (Glass Lewis) and Egan-Jones Rating Company (Egan-Jones), independent proxy advisory firms, have recommended that EQT shareholders vote FOR the pending transaction with Rice Energy Inc. (NYSE: RICE).

A similar announcement by Institutional Shareholder Services (ISS), another independent proxy advisor, also recommended that EQT shareholders support the transaction by voting the WHITE proxy card.

In making its recommendation, Glass Lewis stated1:

Overall, we see no reason to doubt the strategic rationale for the... More