Freeport-McMoRan agreed in December to pay the cash-and-stock equivalent of $50 a share for Plains Exploration, while also unveiling plans to acquire McMoRan Exploration Co. for $3.4 billion in cash. Freeport-McMoRan's intentions to acquire its former ...

McMoRan Exploration Co. (NYSE: MMR) announced today that, in connection with the pending merger with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), MMR has delivered notices regarding the effect of the merger as applicable to holders of the ...

Plains Exploration & Production Co.'s (PXP) board declared a special dividend of $3 a share, which is conditioned upon the oil company's completed merger with Freeport-McMoRan Copper & Gold Inc. (FCX). The move sweetens the merger for Plains ...

Freeport-McMoRan agreed in December to pay the cash-and-stock equivalent of $50 a share for Plains Exploration while also unveiling plans to acquire McMoRan Exploration Co. (MMR) for $3.4 billion in cash. Freeport-McMoRan's intentions to acquire the ...

A hearing on a related case, in which shareholders sued McMoRan Exploration Co., was postponed. Gulf of Mexico: McMoRan Exploration has �limited success� in ultradeep well.

The company is further planning to augment its gas and oil business with the acquisition of Mcmoran Exploration Co (NYSE:MMR).

Freeport, in late 2012, landed definitive merger pacts to buy independent oil and gas company Plains and exploration and production company McMoRan Exploration Co. (MMR - Snapshot Report) for roughly $9 billion. The move represents a part of the ...

Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) and Plains Exploration & Production Co (NYSE:PXP) together sweetened the miner's approximately $6 billion acquisition bid for Plains by providing to pay two special dividends if stockholders accept the ...

It has been announced that Freeport will acquire Plains, Exploration & Production Company (PXP) for approximately $6.9 billion and McMoran Exploration Co. (MMR) for $3.4 billion. As a result of these acquisitions, the company will expand its operations ...

Freeport-McMoRan Copper & Gold Inc. (FCX) won approval from shareholders of Plains Exploration & Production Co. (PXP) for a $6.63 billion takeover after sweetening the bid for the largest U.S. oil and natural gas purchase announced in the past year.