Latham & Watkins Advises Equitrans Midstream in Merger With EQT Corp. to Create US$35 Billion Combined Company

EQT Corporation (NYSE: EQT) (EQT) and Equitrans Midstream Corporation (NYSE: ETRN) (Equitrans) have announced that they have entered into a definitive agreement whereby EQT will acquire all outstanding shares of Equitrans in an all-stock transaction. Under the terms of the agreement, which has been unanimously approved by each company’s Board of Directors, each share of Equitrans common stock will be exchanged for shares of EQT common stock and is expected to result in a combined company with an enterprise value in excess of US$35 billion.

Latham & Watkins LLP represents Equitrans in the transaction with a corporate deal team led by Houston partners Ryan Maierson and Nick Dhesi, with associates Clayton Heery, Ziyad Barghouthy, Haley Sandoval, Catherine Sims, Christina Schrantz, and Armaan Bhimani. Advice was also provided on antitrust matters by Washington, D.C. partners Jason Cruise and Peter Todaro, with associates Matthew Piehl, Karen Kim, and Kristen Previto; on benefits and compensation matters by Washington, D.C. partners Adam Kestenbaum and Matthew Conway, with associate Courtney Thomson; on regulatory matters by Washington, D.C. partner Patrick Nevins; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Jacqueline Zhang; on tax matters by Houston partners Tim Fenn and Bryant Lee, with associates Christine Mainguy and Dylan White; on finance matters by Houston partner Matthew Jones, with associates Max Fin, Michael Basist, and Chris Fanick; and on intellectual property and data privacy matters by Bay Area partner Michelle Gross, with associates Kiara Vaughn and Caroline Omotayo.