EQT announces accretive acquisition of certain assets from Olympus Energy
The Company has entered into a purchase agreement with Olympus Energy Holdings Hyperion Midstream and Bow & Arrow Land Company, collectively, Olympus Energy, pursuant to which the Company has agreed to acquire the upstream and midstream assets of Olympus Energy for total consideration of $1.8B. Consideration is composed of approximately 26M shares of EQT common stock, representing $1.3B based on the 20-day volume-weighted average price as of April 21, and $500M in cash, as adjusted pursuant to c