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Skadden, Gibson Dunn Steer $58B Devon, Coterra Deal

In a purple illustration, the company name Devon appears on a smartphone screen

By Al Barbarino

Devon Energy and Coterra Energy said Monday they have agreed to merge in a roughly $58 billion all-stock transaction, including debt, with Skadden Arps Slate Meagher & Flom LLP advising Devon and Gibson Dunn & Crutcher LLP representing Coterra.


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