HOUSTON (Reuters) - Marathon Oil ( MRO ) shareholders on Thursday approved the U.S. oil producer's nearly $16 billion acquisition by ConocoPhillips ( COP ), the company said.
Marathon Oil ( MRO ) and ConocoPhillips ( COP ) expect the purchase, which is undergoing a Federal Trade Commission review, to close late in the fourth quarter of 2024. Details of the vote were not immediately available.
(Reporting by Arathy Somasekhar in Houston)