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ConocoPhillips Acquires Concho Resources

Mergers & Acquisitions

ConocoPhillips (NYSE: COP), an exploration and production company, acquired Concho Resources (NYSE: CXO), an independent exploration company, in an all-stock transaction valued at $9.7 billion.

Morrow Sodali acted as the proxy solicitor for the bidder in this transaction.

Find more information here.