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Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

INVESTING
August 29, 2024
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HOUSTON (Reuters) – Marathon Oil (NYSE:MRO) shareholders on Thursday approved the U.S. oil producer’s nearly $16 billion acquisition by ConocoPhillips (NYSE:COP), the company said.

Marathon Oil and ConocoPhillips expect the purchase, which is undergoing a Federal Trade Commission review, to close late in the fourth quarter of 2024. Details of the vote were not immediately available.

This post is originally published on INVESTING.

INVESTING
January 27, 2025
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Oil falls after Trump reverses Colombia sanctions threat

By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

INVESTING
January 27, 2025
113 views

Dollar gains on tariffs fears; euro looks to ECB meeting

Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…