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Akin Gump-Advised Merger for Client Diamondback Completed

August 24, 2022

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(Houston) – Akin Gump client Diamondback Energy, Inc. announced today the completion of its previously announced merger with Rattler Midstream LP. (Learn more about the deal here.)

The merger resulted in Diamondback acquiring all of the limited partner interests in Rattler not already owned by Diamondback and its subsidiaries. Each public unitholder of Rattler received 0.113 of a share of common stock in Diamondback in exchange for each Rattler common unit owned.

Learn more here.

The Akin Gump deal team that advised Diamondback in this transaction was led by corporate partners John Goodgame and Lisa Hearn, with assistance from counsel Leana Garipova and associate Michael Daus. Partners Alison Chen and Julia Pashin advised on tax matters, and corporate partner Alan Laves, counsel Katie Dinett and associate Laura Lindsay Tatum advised on debt matters related to the transaction.

Akin Gump Strauss Hauer & Feld LLP 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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