CANONSBURG, Pa., Nov. 9, 2017 /PRNewswire/ — Rice Energy Inc. (NYSE: RICE) (“Rice Energy” or “Rice”) today announced that its stockholders overwhelmingly approved the adoption of the previously announced Agreement and Plan of Merger (the “Merger Agreement”) between Rice Energy and EQT Corporation (“EQT”). At Rice’s special meeting held earlier today, approximately 75% of the voting power of the outstanding shares of Rice stock were voted and approximately 74% of the voting power of the outstanding shares of Rice stock voted in favor of the adoption of the Merger Agreement.
The stockholders of EQT also approved the merger with Rice at EQT’s special meeting held earlier today. Of the total shares cast, approximately 84% voted in favor of the proposal to issue stock for execution of the transaction. EQT expects to file final vote results, as certified by the Judges of Election, later today.
With the receipt of both sets of required stockholder approvals, the transaction is expected to close Monday, November 13, 2017.
As previously announced on June 19, 2017, Rice and EQT entered into the Merger Agreement pursuant to which EQT will acquire Rice in exchange for a combination of shares of EQT common stock and cash.
About Rice Energy
Rice Energy Inc. is an independent natural gas and oil company focused on the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin.
For more information, please visit our website at www.riceenergy.com.
Important Additional Information
In connection with the proposed transaction, EQT filed with the Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (333-219508) on July 27, 2017, as amended by Amendments Nos. 1 and 2 filed with the SEC on September 8, 2017 and September 28, 2017, respectively, that includes a joint proxy statement of EQT and Rice and also constitutes a prospectus of EQT. On October 12, 2017, EQT and Rice filed with the SEC the definitive joint proxy statement/prospectus for each of EQT and Rice and commenced mailing the definitive joint proxy statement/prospectuses to shareholders of EQT and stockholders of Rice, as applicable. On October 26, 2017, EQT and Rice filed with the SEC the Supplement to Joint Proxy Statement/Prospectus. On October 31, 2017, EQT and Rice filed with the SEC the Second Supplement to Joint Proxy Statement/Prospectus. STOCKHOLDERS OF RICE AND SHAREHOLDERS OF EQT ARE URGED TO CAREFULLY READ THE REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS WHEN THEY BECOME AVAILABLE, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION RELATED TO THE PROPOSED TRANSACTION. Investors will be able to obtain a free copy of the definitive joint proxy statement/prospectus, as well as other filings containing information about Rice and EQT, without charge, at the SEC’s website (http://www.sec.gov). Copies of the joint proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the joint proxy statement/prospectus can also be obtained, without charge, by directing a request to Investor Relations, Rice Energy Inc., 2200 Rice Drive, Canonsburg, Pennsylvania 15317, Tel. No. (724) 271-7200 or to Investor Relations, EQT Corporation, EQT Plaza, 625 Liberty Avenue, Pittsburgh, Pennsylvania 15222-3111, Tel. No. (412) 553-5700.