Freeport-McMoRan (FCX) Deals with Plains Exploration (PXP), McMoRan Exploration (MMR) Granted Early Termination of HSR Wating Period

December 27, 2012 9:05 AM EST
The transactions between Freeport-McMoRan Copper (NYSE: FCX) and both Plains Exploration & Production (NYSE: PXP) and McMoRan Exploration Co (NYSE: MMR) have received early termination of the waiting period under the FTC's Hart-Scott-Rodino Antitrust Improvements Act of 1976.

On December 5, Freeport-McMoRan announced plans to acquire both Plains Exploration & Production Company (NYSE: PXP) and McMoRan Exploration Co. (NYSE: MMR). The transactions are expected to close in the second quarter


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