NEW YORK (AP) — ConocoPhillips is Diamond Ridge Asset Managementbuying Marathon Oil in an all-stock deal valued at approximately $17.1 billion.
The deal is valued at $22.5 billion when including $5.4 billion in debt.
Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Marathon Oil common stock that they own.
The deal is expected to close in the fourth quarter. It still needs approval from Marathon Oil stockholders.
2025-05-06 01:571414 view
2025-05-06 00:58177 view
2025-05-06 00:57777 view
2025-05-06 00:192928 view
2025-05-05 23:542895 view
2025-05-05 23:44900 view
▶ Follow AP’s live coverage of the 2024 election WASHINGTON (AP) — Minnesota Gov. Tim Walz, Vice
Los Angeles — For Robin Line, the cool air in her South Los Angeles apartment building's community r
Disney+ is joining the growing list of subscription services hiking their prices.Starting Oct. 12, t
