$PXP News
Last published 13y ago
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Oil & Gas Transactions Creating a Premier U.S. Based Natural Resource CompanyBusiness WirePHOENIX & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed the final step of its three-way combination with Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR). The PXP transaction closed on May 31, 2013 and the MMR transaction closed on June 3, 2013.
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. Announces Appointment of Three New Members to its Board of DirectorsBusiness WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the appointment of three former directors of Plains Exploration & Production Company to its Board of Directors: James C. Flores, Alan R. Buckwalter, III and Thomas A. Fry, III.
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Acquisition of Plains Exploration & Production CompanyBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today announced that it has completed its acquisition of Plains Exploration & Production Company (NYSE: PXP), adding a high quality portfolio of U.S.-based oil and gas assets to its global mining business.
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company Announce Final Allocation of Merger ConsiderationBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) today announced the final allocation of the merger consideration to be paid in connection with FCX’s pending acquisition of PXP, which was approved by PXP stockholders on May 20, 2013 and is currently expected to be completed on May 31, 2013. This allocation h ...
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company Announce PXP Shareholders Approve AcquisitionBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) today announced that the shareholders of PXP approved FCX’s acquisition of PXP at a special meeting held today. A majority of the outstanding shares approved the transaction.
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Announces Intention to Declare $1.00 per Share Supplemental Dividend on Closing of Plains Exploration & Production Company Acquisition and Reiterates Capital Allocation Plan for Oil & Gas BusinessBusiness WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that its Board of Directors intends to declare a supplemental dividend of $1.00 per share of common stock immediately following the closing of the pending acquisition of Plains Exploration & Production Company (NYSE: PXP). This supplemental dividend would be in addition to FCX’s regular quarterly common stock ...
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company Announce Preliminary Results of Merger Consideration ElectionBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) today announced the preliminary results of the elections made by PXP stockholders regarding the form of merger consideration to be received in connection with FCX’s pending acquisition of PXP, which is currently expected to be completed on May 20, 2013.
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. Comments on Plains Exploration & Production Company Transaction – Agreed Terms Are “Best and Final”Business WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today reiterated its support for its proposed transaction with Plains Exploration & Production Co. (NYSE:PXP) and its commitment to completing the transaction on the terms agreed with the PXP Board of Directors. FCX and a Special Committee of its Board of Directors formed to consider the transaction also announced that the a ...
- 13y agoFCXPXPFreeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company Set Special Meeting Date and Stockholder Election DeadlineBusiness WirePHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) today announced that PXP will hold a special meeting of its stockholders on May 20, 2013, to vote on the proposed acquisition of PXP by FCX. Stockholders who held shares of PXP common stock at the close of business on March 21, 2013, the record date of special ...
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. Completes Agreements for Acquisition Term Loan & New Revolving Credit FacilityBusiness WirePHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX’s proposed acquisitions of Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR).
- 13y agoFCXMMRPXPNewman Ferrara LLP Announces Investigation of Freeport-McMoRan Copper & Gold Inc., McMoRan Exploration Co., and Plains Exploration & Production Co.Business WireNEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP is investigating potential claims against the Boards of Directors of Freeport-McMoRan Copper & Gold Inc. (“Freeport”) (NYSE: FCX), McMoRan Exploration Co. (“McMoRan”) (NYSE: MMR), and Plains Exploration & Production Co. (“Plains”) (NYSE: PXP) concerning Freeport’s proposed acquisitions of McMoRan and Plains.
- 13y agoFCXPXPMMRFreeport-McMoRan Copper & Gold Inc. to Acquire Plains Exploration & Production Company and McMoRan Exploration Co. in Transactions Totaling $20 Billion, Creating a Premier U.S. Based Natural Resource CompanyBusiness WirePHOENIX & HOUSTON & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR) announced today that they have signed definitive merger agreements under which FCX will acquire PXP for approximately $6.9 billion in cash and stock and FCX will acquire MMR for approximately $3.4 billion in c ...
- 15y agoMMRPXPFCXEXXIMcMoRan Exploration Co. Announces Fourth-Quarter/Twelve-Month 2010 ResultsBusiness WireNEW ORLEANS--(BUSINESS WIRE)--McMoRan Exploration Co. (NYSE: MMR):