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Good thing I was out of JAG - It would have been another take-under for myself, like Wildhorse. However Parsley could look interesting in due time.
Parsley Energy to buy Jagged Peak in $1.62 billion shale expansion.
(Reuters) - U.S. shale producer Parsley Energy Inc ( PE.N) on Monday agreed to buy smaller peer Jagged Peak Energy Inc ( JAG.N) in an all-stock deal valued at $1.62 billion, adding acreage in an oil-rich part of the top U.S. shale basin.