Cabot Cimarex Marriage Breaks The Merger Mold

The $7.4 billion Cabot-Cimarex merger is the latest consolidation in a shale sector still rebounding from one of the worst downturns in history. The deal’s rationale is different from other mergers the sector has seen in the past nine months. This time it’s about diversification, not consolidation.

Source: https://www.forbes.com/sites/daneberhart/2021/05/25/cabot-cimarex-marriage-breaks-the-merger-mold/

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