ConocoPhillips to buy Marathon Oil in $22.5 billion deal
Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips for each share of Marathon Oil common stock, a 14.7% premium to the closing share price of Marathon Oil on May 28, 2024. Share of Marathon Oil were up nearly 6% premarket. The U.S. oil and...
Nothing final but looks to be heading that way. FTC still hasn't reviewed the proposed purchase.