CNOOC, Nexen Agree to Extend 'Outside Date' of Arrangement Agreement to March 2, 2013

By: Benzinga
Nexen (NYSE: NXY ) announced today that CNOOC (NYSE: CEO ) and Nexen have mutually agreed to extend the "Outside Date" of the Arrangement Agreement by 30 days to March 2, 2013. The Outside Date was originally January 31, 2013. Either party may, except in certain circumstances, extend the
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