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Stock Market & Financial Investment News

News Breaks
July 21, 2014
06:31 EDTFANGDiamondback Energy files to sell 5M shares of common stock
Diamondback intends to use the net proceeds from this offering and borrowings under its revolving credit facility to fund its previously announced pending acquisition of certain leasehold interests in the Permian Basin. To the extent the pending acquisition is not consummated, or the actual purchase price is less than the net proceeds from this offering, Diamondback intends to use any remaining net proceeds to fund a portion of its exploration and development activities and for general corporate purposes, which may include leasehold interest and property acquisitions and working capital. Credit Suisse Securities is acting as sole book-running manager for the offering.
News For FANG From The Last 14 Days
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January 21, 2015
09:16 EDTFANGOn The Fly: Pre-market Movers
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09:15 EDTFANGDiamondback Energy 1.75M share Spot Secondary priced at $60.50
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06:41 EDTFANGDiamondback Energy files to sell 1.5M shares
Diamondback intends to use the net proceeds from this offering to repay a portion of the outstanding borrowings under its revolving credit facility. Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.

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