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Marathon Oil to Split Into Two
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Marathon Oil to Split Into Two
Marathon Oil Corporation (MRO) said today its board has approved plans to spin off its downstream business to create two independent companies.  Marathon Petroleum Corporation will be the fifth-largest US refiner with assets concentrated in the Midwest, Gulf Coast and Southeastern US It is expected to trade on the New York Stock Exchange under the ticker symbol MPC.
Video Length: 0
Date Found: January 14, 2011
Date Produced: January 13, 2011
View Count: 1
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