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ConocoPhillips to acquire Marathon Oil for $17 billion amid U.S. oil and gas consolidation wave worldoil.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldoil.com Daily Mail and Mail on Sunday newspapers.
On May 29, ConocoPhillips and Marathon Oil Corp. announced they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.
Under the terms of the agr.
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