Deals & Suits

Corporate Counsel


Freeport-McMoRan Plains Explorations & Production Company
McMoRan Exploration

Freeport-McMoRan Copper & Gold Inc. made a major move into oil and gas exploration and production on December 5 by agreeing to acquire Plains Exploration & Production Company and McMoRan Exploration Co. for a total of $8.9 billion in cash and stock. Freeport-McMoRan will also assume $11 billion in debt in the two deals.

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