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Texas deal flow in first half of 2021 overshadows 2020 – but it wasn't difficult

Texas deal flow in first half of 2021 overshadows 2020 – but it wasn't difficult
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Cabot Oil & Gas and Cimarex Energy agree merger deal

Cabot Oil & Gas and Cimarex Energy agree merger deal
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US-based Cabot Oil & Gas has agreed to merge with Cimarex Energy to create a combined business valued at almost $17bn.
As per the terms of the all-stock ‘merger of equals’, Cimarex Energy shareholders will be entitled to 4.0146 shares of Cabot Oil & Gas stock for each share held.
Cabot Oil & Gas’ shareholders will hold a stake of around 49.5% in the combined company, while Cimarex Energy’s shareholders will have a holding of roughly 50.5%. ....

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