CVR Energy Agrees to Buy Two Marathon Refineries for $4.2 Billion
CVR Energy agreed to pay $4.2 billion for two refineries from Marathon Petroleum. The companies confirmed the deal Tuesday.
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03:07:21 PM UTC
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Holding company CVR Energy Inc (NYSE:CVI) announced on Tuesday that it has entered into a definitive
By Collin EatonCVR Energy, the oil refiner controlled by investor Carl Icahn, agreed to pay $4.2 billion to buy two refineries from Marathon Petroleum.The companies unveiled the deal Tuesday, confirming an earlier report from The Wall Street Journal.The detailsCVR has a market value of close to $6…