Diversified Said to Near Deal for Elliott-Backed Birch
Diversified Energy Co. is in advanced negotiations to acquire Birch Resources, an oil and gas company backed by Elliott Investment Management, for over $1.7 billion in cash. The deal would represent a significant consolidation within the energy sector, bringing together two substantial players in the industry.
1 Article
Trace's outlet lean is shown first — tap Left / Center / Right on each source to add your rating too.
- BloombergTrace: Center
Diversified Said to Near Deal for Elliott-Backed Birch
Diversified Energy Co. is in advanced negotiations to acquire Birch Resources, an oil and gas company backed by Elliott Investment Management, for over $1.7 billion in cash. The deal would represent a significant consolidation within the energy sector, bringing together two substantial players in the industry.
Rate outletRead original
Readers say
How does this story lean?
Outlet ratings above are Trace's curated source map. Vote here (same as on the home feed) — one vote per browser, changeable anytime. Rate individual outlets in the coverage list below.
Comments
0No comments yet. Say what you noticed in the coverage.
Trending