secwatch.observer — SEC 8-K summary
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Issuer:     MARATHON OIL CORP (—)
CIK:        0000101778
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001104659-24-122113
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.02, 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConocoPhillips completes Marathon Oil acquisition; Marathon delisted from NYSE
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- Marathon shareholders receive 0.2550 ConocoPhillips shares per Marathon share in merger.
- Marathon becomes wholly-owned subsidiary of ConocoPhillips; all directors and officers depart.
- Outstanding credit agreement and commercial paper program terminated; all obligations paid.
- ConocoPhillips guarantees $1B in Marathon municipal bonds; will assume obligations by July 2026.
- Marathon requests delisting from NYSE and deregistration under Exchange Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101778/000110465924122113/0001104659-24-122113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101778/000110465924122113/tm2428994d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-122113

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