Matador Resources' Wholly-owned Subsidiary Inked A Definitive Agreement To Acquire A Subsidiary Of Ameredev Ii Parent, Llc For A Cash Payment Of $1.905B
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Matador Resources' wholly-owned subsidiary has signed a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC for a cash payment of $1.905 billion.
June 12, 2024 | 11:17 am
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Matador Resources' subsidiary has signed a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC for $1.905 billion. This acquisition could potentially expand Matador's asset base and operational capabilities.
The acquisition is a significant move for Matador Resources, likely to enhance its asset base and operational capabilities. The substantial cash payment indicates a major investment, which could positively impact the company's stock price in the short term.
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