November 19, 2018 / 11:50 AM / 21 days ago

Cimarex Energy to buy smaller rival Resolute Energy in $1.6 bln deal

Nov 19 (Reuters) - Oil and gas producer Cimarex Energy Co said on Monday it would buy smaller rival Resolute Energy Corp in deal valued at $1.6 billion, including debt.

The deal is expected to be completed by the end of the first quarter of 2019, Cimarex Energy said. (Reporting by Shanti S Nair in Bengaluru)

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