Akin Advises Viper Energy in Quinn Ranch Acquisition
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(Houston) – Akin advised Viper Energy, Inc., a subsidiary of Diamondback Energy, Inc., and its operating subsidiary, Viper Energy Partners LLC (OpCo), in its definitive purchase and sale agreement to acquire certain mineral and royalty interests from Morita Ranches Minerals LLC for approximately $211 million in cash and about 2.4 million OpCo units (along with an accompanying equal amount of Class B common stock of Viper Energy, Inc.).
The Akin team was led by corporate partners John Goodgame and Dasha Hodge, and included energy transactions partner Ian Goldberg; tax partner Alison Chen, corporate counsel Michael Daus, tax counsel Aaron Vera and corporate associate Brannen Caraway.
Additional details on the transaction can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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