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Norway's Statoil (STO) has agreed to buy the outstanding shares in U.S. oil firm Brigham...

Oct. 17, 2011 6:40 AM ETEquinor ASA (EQNR) StockEQNRBy: Yigal Grayeff, SA News Editor5 Comments

Norway's Statoil (STO) has agreed to buy the outstanding shares in U.S. oil firm Brigham Exploration (BEXP) for $4.4B in a deal that values the latter at $4.7B. The offer of $36.50 a share represents a 20% premium to Brigham's close on Friday. (PR)

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