Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin Player

Diversified Energy DEC -3.50%decrease; red down pointing triangle has struck a deal to buy private-equity-owned Maverick Natural Resources in what would be its largest acquisition ever.

The details

The deal values Maverick at roughly $1.3 billion, including debt, the two companies said Monday, confirming an earlier report by The Wall Street Journal.

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