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$EQT EQT pursuing acquisition of CNX Resources, Bloomberg reportsDataLake_Strategies_US, published October 27, 2020
EQT Corp. (EQT) is aiming to acquire rival CNX Resources (CNX) as M&A accelerates in the distressed shale patch, Bloomberg's Ed Hammond and Kiel Porter report, citing people familiar with the matter. EQT recent issued a takeover proposal to CNX, the authors say, noting that no final decision has been made and EQT could decide not to move forward with a potential deal.