secwatch.observer — SEC 8-K summary
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Issuer:     CONOCOPHILLIPS (COP)
CIK:        0001163165
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001104659-24-065814
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConocoPhillips acquires Marathon Oil in all-stock merger; 0.255 COP shares per MRO share
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- Each Marathon share to be exchanged for 0.255 ConocoPhillips shares in all-stock merger.
- Marathon must pay $557M termination fee for superior proposal; $86M if shareholders reject.
- Closing expected by May 28, 2025, subject to HSR, other regulatory approvals, and Marathon vote.
- ConocoPhillips to file Form S-4; Marathon stockholders must approve the deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163165/000110465924065814/0001104659-24-065814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163165/000110465924065814/tm2415645d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-065814

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