The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals. Mergers, Acquisitions and Divestitures, Oil (Petroleum) and Gasoline, ConocoPhillips, Marathon Oil Corporation The takeover is the latest in a wave of consolidation sweeping the oil industry, with the biggest players rushing to acquire smaller rivals. NYT > Business
ConocoPhillips to Acquire Marathon Oil in $22.5 Billion All-Stock Deal
