CR Intrinsic Investors Says Intends to Vote Against Plains Exploration Purchase

CR Intrinsic Investors, LLC today sent a letter to the Board of Directors of Plains Exploration & Production Company PXP stating that it and its affiliates intend to vote against the proposed acquisition of PXP by Freeport-McMoRan Copper & Gold Inc. on its current terms. For a full copy of the letter, please click here.