Current FANG Stock Info

Diamondback Energy acquires Brigham Resources for $2.4 billion
Diamondback Energy (ticker: FANG) announced late Wednesday that the company has entered into a definitive purchase agreement to acquire all leasehold interests and related assets of Brigham Resources Operating, LLC and Brigham Resources Midstream, LLC  for an aggregate purchase price of $2.4 billion.

The deal consists of $1.6 billion in cash and 7.7 million shares of Diamondback common stock based on the company’s December 13, 2016, closing price of $105.28 per share. The transa...


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