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Oil and Gas

Diamondback Energy Buys Midland Basin

Diamondback Energy (NASDAQ: FANG) on Feb. 18 announced that it signed an agreement to acquire certain subsidiaries of Double Eagle IV Midco. The deal includes approximately 6.9 million shares of Diamondback common stock and $3 billion of cash, subject to customary adjustments. The cash portion is expected to be funded through a combination of cash […]

Feb 8 ·$4.08B ·United States