Summary
Occidental Petroleum Corporation (Oxy) announced on October 13, 2005, its entry into a definitive Agreement and Plan of Merger with Vintage Petroleum, Inc. This agreement outlines the terms for Vintage Petroleum to merge into a wholly owned subsidiary of Oxy, signifying a significant strategic move for Occidental Petroleum. Investors should note that further details regarding this transaction will be disclosed through filings on Form S-4 by Oxy and a proxy statement by Vintage with the Securities and Exchange Commission (SEC). These documents will be crucial for understanding the full scope and implications of the merger, and investors are strongly encouraged to review them once available. Information on how to access these filings and potential participants in the solicitation process is also provided.
Key Highlights
- 1Occidental Petroleum (Oxy) has entered into a definitive Agreement and Plan of Merger with Vintage Petroleum, Inc.
- 2The transaction involves Vintage Petroleum merging into a wholly owned subsidiary of Oxy.
- 3The Agreement and Plan of Merger, dated October 13, 2005, is filed as an exhibit to this report.
- 4Oxy will file a Form S-4, and Vintage will file a proxy statement with the SEC concerning the merger.
- 5Investors are urged to read the forthcoming Form S-4 and proxy statement for important information.
- 6Key documents related to the merger will be available free of charge on the SEC's website (www.sec.gov).
- 7Information regarding directors and executive officers of both companies and their potential interests in the merger will be disclosed in the filings.