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Freeport-McMoRan Deal Draws Investor Criticism
Freeport-McMoRan is buying Plains Exploration and Product and the McMoRan Exploration Company, but investors questioned the move to oil and gas by the copper and gold giant.
View ArticleShares of Freeport Sink as Investors Assail Deals
Shares of Freeport tumbled more than 13 percent on Wednesday, after the mining concern announced plans to buy two oil and gas explorers, a move that that many investors are rejecting outright.
View ArticleFreeport’s Deals Epitomize Industry’s Conflicts of Interest
The conflicts of interest in the Freeport deals look bad even for a sector populated by the likes of Chesapeake Energy, SandRidge Energy and Kinder Morgan, the authors write.
View ArticleThe Big Loan Backing Freeport’s Energy Deals
JPMorgan Chase is the sole initial underwriter for a $9.5 billion loan facility to support Freeport-McMoRan's takeovers of two oil and gas explorers, in a move that the firm has made something of a...
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