Marathon agrees to buy Andeavor for $23.3 billion
The M&A scenario seems to have picked up in the US with the proposed merger between T-Mobile (TMUS) and Sprint (S). Adding to this, Marathon Petroleum Corp (MPC) today said that it has agreed to take over Andeavor (ANDV) for $23.3 billion, a price estimated at a 24% premium over the latter’s share price as … Continue reading Marathon agrees to buy Andeavor for $23.3 billion
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