The oil and gas industry is continuing to keep Texas deal lawyers busy, with the latest transaction roping in Dallas and Houston partners from Akin Gump Strauss Hauer & Feld and Vinson & Elkins.
In a deal announced Dec. 14, Midland company Diamondback Energy will acquire leasehold interests and related assets from Brigham Resources Operating and Brigham Resources Midstream for about $2.43 billion. The transaction includes $1.62 billion in cash and the rest in Diamondback common stock.
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