Diamondback to Buy Endeavor Energy in $26 Billion Mega Shale Deal

(Reuters) – Shale producer Diamondback Energy  said on Monday it would buy the largest privately held oil and gas producer in the Permian Basin, Endeavor Energy Partners, in a cash-and-stock deal valued at about $26 billion, including debt. The combined company would be the third largest oil and gas producer in the region behind Exxon and … Read more