Conoco Slides on Buying Concho in Stock Deal
ConocoPhillips (NYSE:COP) agreed to buy Concho Resources Inc. (NYSE:CXO) for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s …
Conoco Slides on Buying Concho in Stock Deal
ConocoPhillips (NYSE:COP) agreed to buy Concho Resources Inc. (NYSE:CXO) for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s …