General News | Deals - Acquisition, Mergers, Divestitures
Diamondback Finalizes $9.2B Acquisition of Energen
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Diamondback Energy has completed its $9.2B all-stock acquisition of Energen Corp.
Click here to access the deal in Shale Experts' M&A Database
The merger was previously approved by Diamondback stockholders and Energen shareholders at special meetings held on November 27, 2018.
Each eligible share of Energen’s common stock issued and outstanding immediately prior to the effective time of the merger was converted into the right to receive 0.6442 of a share Diamondback’s common stock, with cash in lieu of any fractional shares.
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