Cabot Oil & Gas to buy Cimarex Energy in $7.35B deal

Cabot Oil & Gas to buy Cimarex Energy in $7.35B deal



Cabot Oil & Gas Corp said on Monday it would buy smaller rival Cimarex Energy Co in an all-stock deal valued at $7.35 billion, as it looks to scale up in the Permian and Anadarko basins.

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