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Kirkland Counsels Marathon Oil on Agreement to Be Acquired by ConocoPhillips for $22.5B
May 30, 2024
CHICAGO, Illinois, May 30 -- Kirkland and Ellis, a law firm, issued the following news release:

Kirkland & Ellis advised Marathon Oil Corp. (NYSE: MRO) on its definitive agreement to be acquired by ConocoPhillips (NYSE: COP) 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 agreement, Marathon shareholders will receive 0.2550 shares of ConocoPhillips common stock for each share of Mar . . .

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