That means Parsley ��� Pioneer Natural Resources has agreed to acquire rival US shale producer Parsley Energy in an all-stock deal valued at around $7.6bn, including debt. Leading Midland Basin producer Pioneer Natural Resources said it will acquire Parsley Energy for about $4.5 billion in a deal linked through the Sheffield family as the Permian Basin continues to cons The official website of the Federal Trade Commission, protecting America���s consumers for over 100 years. Pioneer Natural Resources (PXD) and Parsley Energy (PE) $4.5bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below.An invaluable buyout factsheet for traders and investors ��� The name changed to Pioneer Natural Resources, but components of the two founding companies endure. Pioneer Natural Resources Announces Agreement to Acquire Parsley Energy Contacts Pioneer Natural Resources Company Contacts: Investors Neal Shah - 972-969-3900 Tom Fitter - ��� James Durbin/Reporter-Telegram Pioneer Natural Resources Co. and Parsley Energy, Inc. have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately US$4.5 billion as of 19 October 2020. Parsley Energy will lay off most of its Austin, Texas workforce as part of its sale to Pioneer Natural Resources, according to a notice to the Texas Workforce Commission posted on Friday. Pioneer Natural Resources on Jan. 12 completed its $4.5 billion buyout of Austin-based Parsley Energy Inc., after shareholders of both companies approved the merger. Pioneer Natural Resources and Parsley Energy have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approx. Austin, Texas-based Parsley Energy was founded in 2008 by Bryan Sheffield, son of Pioneer CEO Scott Sheffield. Pioneer Natural Resources Co. completed its acquisition of Parsley Energy Inc. on Jan. 12, forming what Pioneer CEO Scott D. Sheffield calls ���the premier Permian independent energy company.��� The all-stock acquisition valued at over $7 billion gives Pioneer, based in Dallas, combined control of nearly 1 million acres across the Permian Basin with positions in both the Delaware and ��� Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer") today announced that Pioneer has completed its previously announced acquisition of Parsley Energy, Inc. (NYSE:PE) ("Parsley��� AUSTIN, Texas, Dec. 3, 2020 /PRNewswire/ -- Parsley Energy, Inc. (NYSE: PE) ("Parsley," "Parsley Energy," or the "Company") today announced that the special meeting of stockholders of Parsley Energy, Inc. (the "Parsley special meeting") to approve the pending combination with Pioneer Natural Resources Company (NYSE: PXD) ("Pioneer") is scheduled to take place on January 12, 2021 at ��� Parsley Energy announced on Oct. 21 that it was being acquired by Dallas-based oil and gas exploration and production company Pioneer Natural Resources for $4.5 billion. At the time, MESA boasted heavy natural gas holdings, offshore drilling expertise and an attractive internal culture that paid specific attention to its employees. Pioneer Natural Resources Company, a large oil and gas exploration and production company is buying out Parsley Energy in a deal worth $4.5 billion ($7.6B including Parsley debt assumed by Pioneer). Pioneer Natural Resources Makes A Reasonable Purchase With Parsley Energy Acquisition Oct. 26, 2020 2:02 AM ET Parsley Energy, Inc. (PE) , PXD 3 Comments 8 Likes Daniel Jones Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") and Parsley Energy, Inc. (NYSE:PE) ("Parsley") today announced that they have entered into a definitive agreement under which Pioneer will acquire all of the outstanding shares of Parsley in an all-stock transaction valued at approximately $4.5 billion as of October 19, 2020. The all-stock transaction will be conducted under a fixed exchange ratio of 0.1252 Pioneer common stock shares for each share of Parsley common stock owned. Those things helped sell Parker & Parsley executives on the merger. Parsley Energy (NYSE:PE) is nearing the January 12 special meeting of stockholders to approve its combination with Pioneer Natural Resources (NYSE:PXD).The deal appears to fairly value Parsley ���

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