Rice Merger definition

Rice Merger has the meaning ascribed to the term “Integrated Mergers” in the Rice Merger Agreement.

Rice Merger means the acquisition of Rice by the Company pursuant to the Rice Merger Agreement (as defined below).

Rice Merger means the acquisition of Rice by the Company pursuant to the Rice Merger Agreement (as defined below). “Rice Merger Agreement” means that certain Agreement and Plan of Merger, dated as of June 19, 2017, by and among the Company, Rice and Eagle Merger Sub I, Inc., a Delaware corporation, as amended, supplemented, restated or otherwise modified from time to time. Except as set forth above, the Securities will not be redeemable by the Company prior to maturity and will not be entitled to the benefit of any sinking fund.

Examples of Rice Merger in a sentence

• During its annual goodwill assessment for the year ended December 31, 2018, EQM determined that carrying value of the RMP PA Gas Gathering reporting unit, which comprises the Pennsylvania gathering assets acquired in the Rice Merger, was greater than its fair value.

• For example, the Form 10-K stated: Following the Rice Merger, the Company has significant acreage scale in the core of the Marcellus which will allow EQT to drill considerably longer laterals, realize operational efficiencies and improve overall returns.

• See Note 1 for discussion of the Company's evaluation and recognition of the impairment of goodwill for the year ended December 31, 2018.The Company has unamortized carryover tax basis of $387.1 million of tax-deductible goodwill related to the Rice Merger.

• The data is taken from Washington based International Monetary Fund's (IMF) International Financial Statistical Yearbook 2000.

• In connection with the Separation, EQT transferred to the Company a deferred tax liability assumed in the Rice Merger and a corresponding increase to goodwill of $137.0 million.

• EQT recorded the Rice Merger as a business combination using the acquisition method of accounting and performed a preliminary valuation of the fair value of Rice Midstream Holdings' assets and liabilities as of the Rice Merger Date.

• On the Rice Merger Date, Rice Midstream Holdings recorded goodwill of $1,384.9 million to two reporting units within the Gathering segment.

• During the fourth quarter of 2018, the Rice Merger purchase price accounting was finalized and, as a result, the Company recorded a reduction of $20.7 million to goodwill and a corresponding increase of $0.9 million to accounts payable and decrease of $21.6 million to deferred tax liability.

• November 13, 2017 throughDecember 31, 2017(Thousands)Operating revenues$14,881Operating income attributable to Equitrans Midstream 69,036Net income attributable to noncontrolling interests 16,644Net income attributable to Equitrans Midstream 21,814Unaudited Pro Forma Information The following unaudited pro forma financial information presents the Company's results as though the Rice Merger had been completed at January 1, 2016.

• Separation and other transaction costs represent selling, general and administrative expenses related to the Rice Merger, the EQM-RMP Mergers, the Drop-Down Transaction, the Separation and the EQGP Buyout and included charges from EQT of $53.3 million and $85.1 million for the years ended December 31, 2018 and 2017 , respectively.

More Definitions of Rice Merger

Rice Merger means Rice Merger LLC, a Delaware limited liability company.