Double Eagle IV Midco, LLC Enters Into Definitive Purchase Agreement With Diamondback Energy, Inc.
Double Eagle IV Midco, LLC (“Double Eagle”) today announced that it has entered into a definitive purchase agreement to divest its equity interest in certain subsidiaries to Diamondback Energy, Inc. (
NASDAQFANG) (“Diamondback”) in exchange for $3 billion of cash and approximately 6.9 million shares of Diamondback common stock.
