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Oil and mining companies Sitio and Brigham to merge in $4 billion combination

Site fees Corp. and Brigham Minerals Inc. have entered into a merger agreement to form one of the largest publicly traded mining and royalty companies in the United States, valued at approximately $4 billion, the companies announced Tuesday.

The deal is one of the biggest oil tie-ups this year, coming at a time of high oil prices intensified by Russia’s invasion of Ukraine.

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