Sitio Royalties Updates Merger Agreement Amid Legal Complaints and Stockholder Meeting Announcement
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Sitio Royalties Corporation has announced a merger agreement that will lead to the company becoming privately held. A special stockholders meeting is set for August 18, 2025, to vote on the merger proposals, following several legal complaints aimed at preventing the merger unless more information is disclosed. In response, Sitio will supplement its proxy statement to address these concerns, aiming to reduce litigation risks and provide clarity to stockholders.
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