Market Overview

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 (NYSE: 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.

Posted-In: M&A News


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