(Forbes) The new year on Wall Street kicked off with a bang of an idea from a virtually unknown, mite-sized hedge fund. This week, W. Barnes Hauptfuhrer, 62, head of North Carolina-based hedge fund ChapterIV Investors, recommended natural gas driller EQT Corporation merge with one of its primary competitors, Antero Resources or Range Resources, creating a $25 billion enterprise value industry behemoth. The merger pitch, proposed by an about $300 million hedge fund, quickly drew response from $11 billion EQT and $8 billion Range Resources and it came with a surprising twist.
Why One Surging Hedge Fund Is Betting EQT Will Win The American Energy Revolution
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