March 11 (Reuters) - EQT Corp:

* EQT ANNOUNCES TRANSFORMATIVE ACQUISITION OF EQUITRANS MIDSTREAM

* EQUITRANS MIDSTREAM CORP - ALL STOCK TRANSACTION WITH COMBINED COMPANY ENTERPRISE VALUE OVER $35 BILLION

* EQUITRANS MIDSTREAM CORP: PROPOSED DEAL FOR INITIAL ENTERPRISE VALUE OVER $35 BILLION

* EQUITRANS MIDSTREAM CORP - ANNUAL SYNERGIES OF $250 MILLION WITH IDENTIFIED UPSIDE TO MORE THAN $425 MILLION

* EQUITRANS MIDSTREAM CORP: EACH OUTSTANDING SHARE OF EQUITRANS COMMON STOCK WILL BE EXCHANGED FOR 0.3504 SHARES OF EQT COMMON STOCK

* EQUITRANS MIDSTREAM CORP: PROPOSED DEAL FOR IMPLIED VALUE OF $12.50 PER EQUITRANS SHARE

* EQUITRANS MIDSTREAM CORP - TRANSACTION CLOSING IS CONTINGENT ON FERC AUTHORIZING MVP TO COMMENCE SERVICE

* EQUITRANS MIDSTREAM CORP - UPON CLOSING OF TRANSACTION, THREE REPRESENTATIVES FROM EQUITRANS WILL JOIN EQT'S BOARD OF DIRECTORS

* EQUITRANS MIDSTREAM CORP: PROPOSED DEAL UNANIMOUSLY APPROVED BY BOARDS OF BOTH COMPANIES

* EQUITRANS MIDSTREAM CORP - AS A RESULT OF TRANSACTION, EQT'S EXISTING SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY 74% OF COMBINED COMPANY

* EQUITRANS MIDSTREAM CORP: POST DEAL, EQT'S EXECUTIVE MANAGEMENT TEAM WILL LEAD COMBINED CO WITH HEADQUARTERS REMAINING IN PITTSBURGH, PENNSYLVANIA

* EQUITRANS MIDSTREAM: IDENTIFIED LOW RISK PATH TO OVER $5.0 BILLION NEAR-TERM DEBT REPAYMENT VIA $3.5 BILLION OF ASSET SALES AND ORGANIC FREE CASH FLOW

* EQUITRANS MIDSTREAM CORP: LONG-TERM DEBT TARGET OF $7.5 BILLION

* EQUITRANS MIDSTREAM - DEAL SIGNIFICANTLY ACCRETIVE TO FCF PER SHARE; PROJECTED PRO FORMA 2025 TO 2029 CUMULATIVE FCF GENERATION OF ABOUT $16 BILLION Source text for Eikon: Further company coverage: