Diamondback is using both cash and stock to pay for the purchase of the privately held exploration and manufacturing firm. The S&P 500 was up zero.2% in noon buying and selling after closing Friday above the 5,000 level for the first time, its latest Law News milestone in a record-setting run that began in October. The Dow Jones Industrial Average was up 57 factors, or zero.1%, as of eleven a.m. The Nasdaq composite was zero.4% higher to pull within 0.1% of its record set in 2021.
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