Shareholders back ConocoPhillips; merger awaits antitrust approvalConoco plans to start construction of a commercial-size GTL plant in 2004; its location and size haven’t been decided Allen Baker PNA Contributing Writer
Shareholders of both Phillips and Conoco have voted overwhelmingly to approve the merger of the two companies. Yes votes came from 97 percent of Phillips shares voted, and from 96 percent of Conoco’s owners.
The only remaining hurdle is antitrust review by U.S. authorities.
European and Canadian reg....
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