Conoco to Buy Concho for $9.7 Billion to Create Shale Giant
T.J. Walker prepares to fills his vehicle’s tank with gasoline at a Conoco station at an Englewood, Colorado. (Photographer: Matthew Staver/Bloomberg News.)

Conoco to Buy Concho for $9.7 Billion to Create Shale Giant

(Bloomberg) -- ConocoPhillips agreed to buy Concho Resources Inc. for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that...
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