MRO - MRO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Marathon Oil With ConocoPhillips | Benzinga
MONSEY, N.Y., May 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Marathon Oil Corporation (NYSE:MRO) ("Marathon") with ConocoPhillips in an all-stock transaction that values Marathon at approximately $30.33 per share, which is well below the price targets for Marathon of at least fifteen Wall Street analysts.
If you remain a Marathon shareholder and have concerns about the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge:
https://wohlfruchter.com/cases/marathon-oil/
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
Why is there an investigation?
On May 29, 2024, Marathon announced that it had agreed to merge with ConocoPhillips in an all-stock transaction under which ...