ConocoPhillips Acquires Marathon Oil In All-Stock Deal At 14.7% Premium: Details
Benzinga
MAY 29, 2024
Marathon Oil Corporation (NYSE: MRO ) and ConocoPhillips (NYSE: COP ) stocks are moving in opposite directions on Wednesday after they disclosed a definitive deal in which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 The acquisition price represents a 14.7%
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