Diamondback Energy to buy Permian producer Double Eagle-February 2024-www.financetom.com

Diamondback Energy to buy Permian producer Double Eagle

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Diamondback Energy to buy Permian producer Double Eagle

Feb 18, 2025 3:31 AM

Feb 18 (Reuters) - Oil and gas company Diamondback

Energy ( FANG ) said on Tuesday it would acquire certain

subsidiaries of Texas-based energy producer Double Eagle in

exchange for $3 billion in cash and 6.9 million shares.

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