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Marathon Oil Shareholders Acquired For $16 Billion ConocoPhillips

Marathon Oil and ConocoPhillips closed the deal, 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.
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Marathon Oil shareholders on Thursday approved and acquired the U.S. oil producer’s nearly $16 billion acquisition by ConocoPhillips, the company said.

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Source: Reuters

Reporting by Arathy Somasekhar in Houston

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