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CM - EQT adjusts credit agreement to consider Rice gains on board - May 2019



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Toby and Derek Rice, who have been engaged in an intensifying feud with EQT Corp. since last fall, announced that the company has removed its requirement that candidates to the board of directors nominated by the brothers consent to being named in EQT’s proxy materials. More importantly, EQT added those nominees to its $2.5 billion credit facility’s change of control provisions. The latter move would ensure that the nine such nominees, if elected to the board by shareholders at the July......
 
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