Viper Energy Acquires Diamondback Upstream Assets for $4.45B
Kirkland & Ellis advised Diamondback while Hunton AK counseled Viper's audit committee in a transaction that includes 69.6 million shares of Viper's operating subsidiary and $1 billion in cash. The deal is designed to reduce Diamondback debt accrued in its $26 billion purchase of Endeavor Energy Resources last year.
