Energy: Shareholders approve Hess sale, Conoco to buy Marathon

Two major deals in the energy space has shareholders officially voting in favor of the $53 billion deal to sell the company to Chevron.And Conoco Phillips has agreed to acquire marathon oil in a $17.1 billion all stock deal.So first let's start out with the shareholders which voted to approve the buy out by Chevron that was highly anticipated.They have put out a statement.They also are anticipating that their preemption rights will be affirmed in arbitration.

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