Diamondback Energy and Endeavor Energy Resources have agreed to merge in a deal valued at approximately $26 billion. The transaction, announced Feb. 12, is expected to close in the fourth quarter of 2024, Midland, Texas-based Diamondback was advised by a Wachtell, Lipton, Rosen & Katz team led by partners Steven Green and Zachary Podolsky. Endeavor Energy, which is based in Midland, Texas, was represented by Vinson & Elkins and a Paul, Weiss, Rifkind, Wharton & Garrison team led by partners Krishna Veeraraghavan and Benjamin Goodchild. The Vinson & Elkins team was led by partners Doug McWilliams, Bryan Loocke and Jackson O'Maley. Skadden, Arps, Slate, Meagher & Flom represented Jefferies Financial Group, which acted as financial adviser to Diamondback.
Energy
February 12, 2024, 11:54 AM