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Diversified Energy to Acquire Elliott-Backed Birch Energy for $1.8 Billion
Diversified Energy has agreed to purchase Elliott Management-backed Birch Energy in an all-stock transaction valued at approximately $1.8 billion. The merger will combine two major independent oil and gas producers focused on Permian Basin assets.
2 Sept, 23:32 — 3 Sept, 01:11
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bloombergHigh3h ago
Diversified Energy Buys Elliott-Backed Birch for $1.8 Billion
Diversified Energy Co. agreed to acquire Elliott Investment Management-backed oil and gas company Birch Resources in a deal valued at about $1.8 billion.
By David Carnevali
Read full article →investing-com5h ago
Diversified Energy to acquire Birch for $1.8 billion
By Investing.com
Read full article →Coverage Timeline
First report: investing-com · 2 Sept, 23:32|Full coverage: 3 · 4h|Window: 4h
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