India, Oct. 26 -- Shares of Range Resources (RRC) on Monday surged about 16% after EQT Corporation agreed to acquire the natural gas producer in an all-stock transaction that will create a combined company with an enterprise value exceeding $50 billion.
The stock is trading at $52.64, up $7.11 or 15.64%, on the NYSE. It opened at $50.81 after closing the previous session at $45.52. The stock has traded between $32.68 and $53.36 over the past 52 weeks.
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