4 billion in total, writes Noah Brenner.
Memorial shareholders will receive 0.375 shares of Range worth a total of $3.3 billion under the all-stock transaction, which values Memorial at $15.75 per share, a 17% premium on the closing price the day before the deal.
Fort Worth, Texas-based Range will also assume $1.1 billion of Memorial debt under their definitive merger agreement to bring the total deal value to $4.4
