Good morning, readers.
Our top story today concerns natural gas producer EQT Corp.'s acquisition of two portfolio companies under Quantum Energy Partners. This story jumped out at me for a few reasons even beyond its high-dollar price tag.
For one thing, the seller, a Houston private equity firm, is getting paid in equity rather than cash. The way this usually works is that a private equity company provides portfolio companies with resources to grow for a certain phase of the corporate life cycle,…
