Western Midstream to buy Aris Water Solutions in $1.5B deal

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Modern natural gas processing plant

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Aris Water Solutions (NYSE:ARIS) +20.4% post-market Wednesday after Western Midstream Partners (NYSE:WES) agreed to acquire the water handling and recycling company in a cash and stock deal valued at ~$1.5B.

Under the deal terms, Aris (NYSE:ARIS) shareholders will receive

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