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Tim Dunn, the powerhouse GOP donor, to sell his West Texas oil company for $12 billion

Tim Dunn has used his wealth to establish a network of organizations that push his ultraconservative views across Texas. The deal comes amid a time of consolidation in the Permian Basin.

Tim Dunn, CEO of CrownQuest Operating and chairman of Empower Texans, speaks during The Texas Tribune Festival on Sept. 24, 2016.

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Economy Politics State government Dan Patrick Permian Basin