ConocoPhillips (COP) has struck a deal to acquire Marathon Oil (MRO) in a $22.5 billion all-stock deal. The deal includes over $5 billion in net debt. In the...
) in a $22.5 billion all-stock deal. The deal includes over $5 billion in net debt. In the airline sector, America Airlines is sinking this morning after the company slashed its outlook for the second quarter. The move is dragging on other big names in the sector. On Wall Street, investors are focused on the Nasdaq -- ConocoPhillips is in advanced talks to acquire Marathon Oil Corp.
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American Airlines shares sink after Q2 profit forecast cut, drags other airlinesAmerican Airlines shares were down nearly 8% in premarket trading on Wednesday, dragging peers Delta Air, Southwest Airlines and United Airlines, which all...
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American Airlines shares sink after Q2 profit forecast cut, drags other airlinesAmerican Airlines shares were down nearly 8% in premarket trading on Wednesday, dragging peers Delta Air, Southwest Airlines and United Airlines, which all...
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American Airlines shares sink after Q2 profit forecast cut, drags other airlinesExplore stories from Atlantic Canada.
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ConocoPhillips to Acquire Marathon Oil in $22.5 Billion DealConocoPhillips agreed to acquire Marathon Oil Corp. in a $22.5 billion all-stock deal, extending a major buying spree in the US oil and gas industry.
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ConocoPhillips buying Marathon Oil for $17.1 billion in all-stock deal, plus $5.4 billion in debtNEW YORK (AP) — ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion.
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ConocoPhillips in advanced talks to buy Marathon Oil, FT reportsMarathon Oil and ConocoPhillips did not immediately respond to Reuters requests for comments. Earlier this month, U.S. regulators gave the go-ahead to Exxon...
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