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CDT Roundup: 6 Deals, 6 Firms, 58 Lawyers, $18.1B

Oil & gas had a pretty rough summer. First COVID-19 curbed demand precipitously. Then came the brief but brutal outburst between OPEC+ and Russia, sending the price of oil briefly into negative territory.

The effect of all that was revealed in the numbers provided to The Lawbook last week from Mergermarket. Reporting only on M&A transactions involving one or more Texas-headquartered companies, numbers were down overall over the first three quarters of the year, dropping from 945 deals worth $307 billion in 2019 to 659 deals worth $146 billion over the same period in 2020.

Allen Pusey

Allen Pusey is a senior editor and writer at The Texas Lawbook.

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