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flag Shareholders approve $15B merger creating Canada's seventh-largest oil and gas firm.

flag Shareholders of Veren Inc. have approved a $15-billion merger with Whitecap Resources Inc., creating the seventh-largest Canadian oil and gas company by production. flag The combined company will operate under Whitecap's name and management, becoming the largest landholder in the Montney and Duvernay shale regions and the second-largest oil producer in Saskatchewan. flag The deal is set to close early next week.

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