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Plains Exploration & Production Company Vote in Support of Freeport-McMoRan Copper & Gold Acquisition
May. 21, 2013 05:11AM PST
Base Metals Investing
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) announced that shareholders have voted in support of FCX’s proposed acquisition of PXP.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) announced that shareholders have voted in support of FCX’s proposed acquisition of PXP.
As quoted in the press release:
Upon closing of the merger, FCX will be a premier U.S.-based natural resource company with an industry leading global portfolio of mineral assets, significant oil and gas resources and a growing production profile. FCX is the world’s largest publicly traded copper producer.