XTO Energy (XTO) Completes Merger of Hunt Petroleum
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XTO Energy Inc. (NYSE: XTO) has completed its previously announced merger of privately-held Hunt Petroleum Corporation and other associated entities into a wholly-owned subsidiary for approximately $4.2 billion. Consideration in the transaction included about $2.6 billion in cash and 23.5 million shares of XTO common stock.
XTO Energy, Inc. and its subsidiaries engage in the acquisition, development, exploitation, and exploration of producing oil and gas properties in the United States.
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