The company said it entered into an Agreement and Plan of Merger with Marathon Oil Corporation and Puma Merger Sub Corp. on May 28, 2024. Merger Sub will merge into Marathon, with Marathon surviving as a wholly owned subsidiary of ConocoPhillips.

1. 01

   The company said it entered into an Agreement and Plan of Merger with Marathon Oil Corporation and Puma Merger Sub Corp. on May 28, 2024. Merger Sub will merge into Marathon, with Marathon surviving as a wholly owned subsidiary of ConocoPhillips.

2. 02

   The company said that on July 11, 2024, ConocoPhillips and Marathon each received a request for additional information and documentary materials (Second Request) from the Federal Trade Commission (FTC) in connection with the FTC's review of the merger.

3. 03

   The company said the effect of a Second Request is to extend the waiting period under the Hart-Scott-Rodino Act until 30 days after each company has substantially complied with the Second Request issued to it, unless the FTC terminates that period sooner.

4. 04

   The company said it continues to expect the merger to be completed in Q4 2024, subject to fulfillment of the closing conditions, including receipt of required regulatory approvals and approval of Marathon stockholders.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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