Another big M&A announcement in the oil patch is making news after ConocoPhillips (COP) said it will buy Marathon Oil (MRO) for $17.1 billion in stock. The deal includes $5.4 billion in debt ...
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Marathon Oil to lay off more than 500 at Houston office after ConocoPhillips mergerMarathon Oil will lay off more than 500 people as result of its $22.5 billion merger with oil giant ConocoPhillips, the company said in a letter to the Texas Workforce Commission this week.
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