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Freeport shareholders won't get vote on energy buys - CEO
January 22, 2013 / 4:40 PM / 5 years ago

Freeport shareholders won't get vote on energy buys - CEO

Jan 22 (Reuters) - Freeport-McMoRan Copper & Gold Inc will not give its shareholders a vote on its planned acquisitions of two oil and natural gas companies, Chief Executive Richard Adkerson said on Tuesday.

Freeport has offered to buy Plains Exploration & Production Co and McMoRan Exploration Co for $9 billion, in a deal expected to close in the second quarter of 2013.

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