This chapter explores Diamondback Energy's $26 billion acquisition deal and its significance in the Permian Basin. It discusses the synergies between Diamondback and Endeavor's assets, the importance of the Permian Basin in U.S. energy production, and the ongoing consolidation in the fossil fuel industry.
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Bloomberg News US Oil Reporter Mitchell Ferman discusses Diamondback Energy agreeing to buy fellow Permian Basin driller Endeavor Energy Resources in a $26 billion deal that’ll create the largest explorer focused exclusively on the western hemisphere’s busiest oil field. Bill Cox, Global Head of Ratings at Kroll Bond Rating Agency, shares his thoughts on the private credit market. Bloomberg Businessweek Media & Entertainment Editor Felix Gillette provides the details of his Businessweek story Pat McAfee Is Exactly Who the NFL Wants as Brand Ambassador. GoFundMe CEO Tim Cadogan talks about hitting the milestone of raising $30B in donations.
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