Viper Energy Announces Completion of Corporate Reorganization
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Viper Energy Inc. has completed a corporate reorganization, merging several entities, including Sitio Permian, LP, and Sitio Appalachia, LP, into Old OpCo, which then merged with a subsidiary of VNOM Sub, Inc. A new Amended and Restated Limited Liability Company Agreement was adopted for New OpCo, maintaining members' rights and allowing share redemption for Viper Class A common stock or cash based on market prices.
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