Kohlberg Kravis Roberts & Co. (KKR) has agreed to acquire Samson Investment Co., The Wall Street Journal reports. The global investment firm will pay a total of $7.2 billion in a combination of debt and equity for the acquisition.
The deal, which excludes Samson’s Gulf of Mexico properties, will boost the private equity firm's involvement in the country's energy production. Samson is a Tula, Oklahoma-based explorer of oil and natural gas.
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