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Wednesday, April 23, 2025

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$23 Billion Merger

Shareholders claim directors are selling Andeavor too cheaply through an unfair process to Marathon Petroleum Corp., for $152.27 a share or 1:1.87 shares, in a federal class action challenging the $23 billion merger.

WILMINGTON, Del. (CN) — Shareholders claim directors are selling Andeavor too cheaply through an unfair process to Marathon Petroleum Corp., for $152.27 a share or 1:1.87 shares, in a federal class action challenging the $23 billion merger.

Categories / Energy, Securities

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