Kirkland Advises Alta on $2.925 Billion Purchase Agreement with EQT
Kirkland counseled Alta Resources Development, LLC on its purchase agreement with EQT Corp. (NYSE: EQT), which will acquire all of the membership interests in Alta’s upstream and midstream subsidiaries for approximately $2.925 billion, payable partially in cash, partially in EQT stock, and subject to customary closing adjustments. The transaction is expected to close in the third quarter of 2021, with an effective date of January 1, 2021.
The Kirkland team was led by corporate partners Andy Calder, John Pitts and Melissa Kalka and associates Paul Knowlton, Michael Bassi, Tess Dennis and Austin Johnson; real asset partners Anthony Speier and Chad Smith and associates Lindsey Jaquillard and Isaac Bate; capital markets partner Julian Seiguer and Ieuan Adrian List; debt finance partners Lucas Spivey and Jordan Roberts and associate Layton Bell; tax partner David Wheat and associate Joe Tobias; environmental transactions partner Stefanie Gitler and James Dolphin; derivatives partner Drue Santora; executive compensation partner Rob Fowler and associate Katherine Baker; labor & employment partner R.D. Kohut and associates Jaclyn Schruhl and Colleen Angus-Yamada; employee benefits partner Maureen O’Brien and of counsel Patrick Ryan; energy regulatory partner Brooksany Barrowes and associate Cassidy Hall; and antitrust & competition partner Marin Boney and of counsel Ellen Jakovic.
